Riyadh, Saudi Arabia – (ARAB NEWSWIRE) — Sahm App, a CMA-regulated trading platform, today announced the launch of its Saudi stock investment services for retail investors worldwide, expanding international access to the Saudi capital market through a single, unified platform.

The launch follows the Capital Market Authority’s (CMA) announcement on 6 January 2026 to open the Saudi capital market to all categories of foreign investors, effective from 1 February 2026. Building on this regulatory milestone, Sahm App is among the first platforms to fully support onboarding for global investors, enabling eligible individuals worldwide to directly access Saudi-listed securities.

Through Sahm App, international investors can invest in a broad range of Saudi market products, including listed equities, exchange-traded funds (ETFs), and real estate investment trusts (REITs). The expanded global access is designed to provide investors with an additional market option to diversify their portfolios, balance risk across different economies and sectors, and participate in long-term growth opportunities of the Saudi capital market.

To further reduce barriers for individual investors, Sahm offers lifetime zero-brokerage commission trading on Saudi stocks, allowing users to invest in local equities without brokerage commissions. This initiative reflects Sahm’s focus on making cross-border market access more cost-efficient, transparent, and practical for everyday investors worldwide.

Commenting on the launch, Mohammed Asiri, Chief Financial Officer of Sahm, said:

“The Saudi market has developed into one of the most structurally diverse and dynamic markets in the region, and its opening to international investors creates new possibilities for global portfolio construction. For many investors, access to Saudi equities, ETFs, and REITs represents a valuable way to broaden geographic and sector exposure. At Sahm, our role is to make this access secure, professional, and affordable. By combining regulated infrastructure with zero-commission trading on Saudi stocks, we aim to support investors who are building long-term, well-balanced portfolios.”

Sahm is a Saudi-based brokerage platform licensed and regulated by the Capital Market Authority. Designed specifically for retail investors, the platform combines local market expertise with an intuitive user experience, providing secure access to Saudi-listed securities through modern trading infrastructure and investor-focused product design. Since its launch, Sahm App has grown to serve over one million users in Saudi Arabia.

Sahm App is available for download on the iOS App Store, Google Play, and Huawei AppGallery. Eligible international investors can now begin building exposure to the Saudi market through the Sahm platform. For more information, please visit www.sahmcapital.com.

About Sahm App – تطبيق سهم

Developed by Sahm Capital -سهم كابيتال, licensed by the Capital Market Authority (CMA), the Sahm App is a trading platform designed for retail investors globally. It provides seamless access to both the Saudi and U.S. markets within a secure, regulated environment. With its intuitive interface and advanced investment tools, the app has quickly become one of the top three in the Free Finance category on Google Play, with more than one million users.

 

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Jeddah, Saudi Arabia — (ARAB NEWSWIRE) — Captain Mustafa Nejem, a Master Mariner, maritime executive, researcher, and award-winning author, has received the Maritime Youth Award at the inaugural Saudi Maritime Awards Night 2026, recognizing outstanding contributions by professionals across shipping, maritime services, and logistics.

The inaugural Saudi Maritime Awards Night took place on January 29, 2026, at The Ritz-Carlton Jeddah, under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Transport General Authority (TGA). The event was organized by Robban Assafina in strategic partnership with the Transport General Authority (TGA), bringing together regional and international maritime leaders to celebrate excellence across the industry.

The awards featured 24 categories, spanning key areas such as shipping, ports, logistics, maritime services, safety, sustainability, and innovation. Winners were selected through an independent judging process led by an expert panel from across the maritime sector.

“This award is more than recognition. It is both an honour and a responsibility,” said Captain Nejem. “As our industry navigates sustainability and digital transformation, it reinforces the importance of leadership, safety, and measurable impact. I’m proud to contribute to safer, smarter, and greener seas.”

Leadership, Publications, and Recognition

Captain Mustafa Nejem combines maritime command experience with executive leadership across fleet operations, safety, compliance, and sustainability. Captain Nejem leads maritime businesses across Dubai and Piraeus. As an author, he has published 40+ books on leadership, governance, and maritime industry transformation.

Captain Nejem’s international recognitions include Globee Awards 2025 Gold for Thought Leadership, Stevie Awards 2025 Bronze in Management, MarCom Awards 2025 Platinum and Gold, and TITAN Business Awards 2025 Gold in Sustainability and Environment.

His publications have also received international recognition, including the Literary Titan Book Award for The Green Wave, a Maritime Media Awards UK nomination, Global Book Awards 2025 finalist selections, and First Place at The BookFest Awards Fall 2025 for The Inclusive Leader.

Captain Nejem holds advanced degrees including a Global MBA, Abertay University UK.

Executive MBA in Business Analytics, UCAM Spain

MSc Fleet Management, Solent University UK.

MSc International Maritime Business, Solent University UK.

Master Mariner (Unlimited).

His professional affiliations include

Fellow of the Royal Society of Arts UK.

Fellow of the Institute of Consulting, CMI UK.

Associate Fellow of The Nautical Institute UK.

Member of the Royal Institute of Navigation UK.

 

Riyadh, Saudi Arabia — (ARAB NEWSWIRE) — AngelAi, the world’s first empathetic AI platform for financial services, is deepening its footprint across Saudi Arabia and the Middle East, with Saudi Arabia emerging as the preferred launchpad for long-term partnerships and platform integration. As the Kingdom intensifies its commitment to U.S.-based AI innovation, AngelAi is actively engaging with regional banks and technology leaders to co-create the future of scalable, ethical finance.

With over 250,000 registered users and $34B+ in mortgages funded since 2019, AngelAi is now bringing its transformative technology to the Saudi Arabia and the Middle East. AngelAi’s partner banks in the Kingdom and region will be the first to offer the world-leading AI technology for mortgages and other loan services, empowering their businesses with a platform that combines long-term cash flow, viral user growth, and AI-driven market expansion.

To mark this milestone, AngelAi will host an unforgettable launch celebration in Diriyah, Riyadh—a UNESCO World Heritage site and symbol of Saudi Arabia’s cultural renaissance. The event will feature global comedy icon Russell Peters and bring together financial leaders, investors, and innovators for an evening of luxury, laughter, and strategic dialogue. The setting reflected AngelAi’s commitment to blending tradition with technology, and its belief that financial growth must be rooted in trust, empathy, and shared values.

AngelAi is built on a foundation of 20+ years of R&D, 105+ patents, and a capital structure that’s debt-free and profitable. The platform anchors customers into long term cloud-based AI service contracts, creating predictable revenue and durable engagement. Capital invested into AngelAi’s ecosystem directly translates into large-scale household acquisition, driving immediate revenue acceleration and significant enterprise value growth. The platform’s structure is designed to compound returns efficiently, turning each capital deployment into long-term engagement and measurable valuation lift.

“Saudi Arabia is entering a golden age of financial innovation,” said Pavan Agarwal, Founder of AngelAi. “AngelAi’s arrival is a strategic invitation to banks and investors to lead the region in scalable, AI-powered growth—where every dollar deployed acquires long-term customers and compounds enterprise value.”

“AngelAi’s expansion into Saudi Arabia and the Middle East is more than a market entry” added Pavan Agarwal “it’s the beginning of enduring partnerships built on shared vision and mutual growth. As the Kingdom deepens its commitment to U.S.-based AI innovation, AngelAi stands ready to co-create the future of financial services with regional banks, sovereign investors, and technology leaders. This isn’t transactional, it’s transformational. We’re laying the foundation for multi-decade collaborations that combine capital efficiency, platform scalability, and ethical AI infrastructure to serve millions across the GCC and beyond.”

About AngelAi
AngelAi is the empathetic AI platform revolutionizing mortgage and credit services. Built by Celligence International, AngelAi has a novel foundational model that is deterministic and is combined with light human oversight to deliver ultra precise, fast, fair, and scalable financial outcomes. AngelAi is AI You Can Bank On.  Learn more at www.angelai.com.

Media Contact
Bethany Rowlands
PR Manager
Bethany@inventus.media
+1 914 309 8221

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Riyadh, Saudi Arabia — (ARAB NEWSWIRE) — AngelAi, the world’s first empathetic AI platform for financial services, is proud to announce its official launch in Saudi Arabia. With over 250,000 registered users and $34B+ in mortgages funded since 2019, AngelAi is now bringing its transformative technology to the Kingdom—offering banks and investors a rare opportunity to participate in a platform that combines long-term cash flow, viral user growth, and AI-driven market expansion.

To mark this milestone, AngelAi hosted an unforgettable launch celebration in Diriyah, Riyadh—a UNESCO World Heritage site and symbol of Saudi Arabia’s cultural renaissance. The event featured global comedy icon Russell Peters and brought together financial leaders, investors, and innovators for an evening of luxury, laughter, and strategic dialogue. The setting reflected AngelAi’s commitment to blending tradition with technology, and its belief that financial growth must be rooted in trust, empathy, and shared values.

AngelAi is built on a foundation of 20+ years of R&D and a capital structure that’s debt-free and profitable. The platform anchors customers into 30-year mortgage servicing contracts, creating predictable revenue and durable engagement. Each $1B deployed into AngelAi’s MSR-backed ecosystem yields ~258,000 households and unlocks $30B in valuation impact—making it one of the most capital-efficient growth engines in global fintech.

“Saudi Arabia is entering a golden age of financial innovation,” said Pavan Agarwal, Founder of AngelAi. “AngelAi’s arrival is a strategic invitation to banks and investors to lead the region in scalable, AI-powered growth—where every dollar deployed acquires long-term customers and compounds enterprise value.”

AngelAi is now opening its Series B investment round and actively engaging with financial institutions across the GCC. The company is targeting $3B in capital deployment in Year 1, with a trajectory toward 25% U.S. mortgage market share by 2028—driven by data, not speculation.

About AngelAi

AngelAi is the empathetic AI platform revolutionizing mortgage and credit services. Built by Celligence International, AngelAi combines human oversight with machine precision to deliver fast, fair, and scalable financial outcomes. Learn more at www.angelai.com.

Contacts
Sophie Michaels
PR Manager
sophie@inventus.media
+1 914 309 8221

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DUBAI, UAE – (ARAB NEWSWIRE) – Arab Newswire, a leading press release distribution service, is revolutionizing media outreach by offering comprehensive press release distribution in Arabic across the Middle East and North Africa (MENA) region. This service empowers businesses, organizations, and government entities to effectively communicate with Arabic-speaking audiences through trusted media channels.

As digital communication continues to evolve, the need for localized content is more crucial than ever. Arab Newswire provides a seamless platform for distributing Arabic-language press releases to newspapers, online media, journalists, bloggers, and influencers across the MENA region. This ensures that key messages reach target audiences in their native language, increasing engagement and brand visibility.

“Our mission is to bridge the gap between businesses and Arabic-speaking audiences by providing high-quality press release distribution services in Arabic,” said Joseh Nchor, Editor/Publisher of Arab Newswire. “We understand the cultural and linguistic nuances of the region, allowing us to craft and distribute press releases that resonate with local audiences.”

Arab Newswire offers:

• Extensive Media Network: Access to top-tier media outlets, online publications, and industry-specific platforms in the Arabic-speaking world.
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By leveraging Arab Newswire’s press release distribution services, companies can effectively enhance their brand presence, announce new products, share corporate news, and engage with key stakeholders in the MENA region.

For more information about Arab Newswire and its Arabic press release distribution services, visit https://arabnewswire.com/submit-press-release/ or contact us at any of these messaging apps:  WhatsApp, Skype or Telegram.
About Arab Newswire
Arab Newswire is a premier press release distribution service specializing in Arabic-language content. With a vast media network spanning the Middle East and North Africa, Arab Newswire helps businesses and organizations amplify their message, reach target audiences, and strengthen their media presence in the Arabic-speaking world.  Other services include writing and editing press releases, consulting and media planning. Arab Newswire is a sister site to EmailWire that provides Press Release Distribution with Guaranteed Results.

About GroupWeb Media LLC
GroupWeb Media is a Houston, Texas based company that specializes in news aggregation and dissemination. GroupWeb Media LLC operates regional and vertical portals that deliver news to targeted audiences.

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JEDDAH, Saudi Arabia – (ARAB NEWSWIRE) — The Global Prize Innovation in Desalination (GPID) has awarded more than SAR 10M in prize funding per year over a three-year period in the 2024 edition of its annual fund, recognising transformative solutions to global water scarcity. Through a series of crowdsourcing challenges, GPID sought groundbreaking ideas to improve water availability, affordability, and accessibility worldwide.

Entrepreneurs, start-ups, research bodies, scientists, accelerators, organisations, and experts submitted a total of 540 ideas, proof-of-concepts, and mature proposals around desalination. Overall, there were entries from 56 different countries and 80 universities or research institutions.

“The second year of the prize fund has met our greatest expectations, with some truly remarkable entries in responses to the Challenges we set,” said Dr. Mohammed Almaghrabi, Secretary General of the Global Prize for Innovation in Desalination (GPID). “Access to clean, affordable drinking water is a fundamental human right. This year’s winners have presented transformative solutions with the potential to create global change.”

The prize ceremony took place the 25^th of November at the Ritz Hotel, Jeddah, Saudi Arabia and was opened by H.E. Eng. Abdullah Alabdulkareim.

21 organisations were listed as winners – two grand prizes, 12 impact awards and 7 as special mentions. The two grand prize winners were Nanyang Technological University in Singapore (Lee Nuang Sim), and NALA Membranes in the United States (Sue Mecham).

More than one-quarter of the world’s population faces challenges in accessing safe drinking water, and there has been an increase of 30% in the volume and severity of drought crises. 97% of the planet’s water is found in oceans, so desalination – a transformative process that uses technology to convert seawater into potable water – is crucial for overcoming freshwater scarcity.

Founded in 2023 by SWCC (Saline Water Conversion Corporation), now SWA (Saudi Water Authority), GPID is in its second year. SWA is one of the world’s largest producers of desalinated water, supplying 34 million people in Saudi Arabia and producing more than 20% of the world’s desalinated seawater.

The prizes focused on improving the environmental footprint of desalination processes, reducing energy consumption and operational costs, introducing new technologies and innovative business models in water, and providing scalable and sustainable solutions to meet global water needs.

Innovation scale-up Wazoku, was one of the organisation that helped bring applicants to GPID, providing its open innovation offering, the Wazoku Crowd. This consists of a 700,000-strong network of expert problem ‘Solvers’, comprised of scientists, technologists, CEOs, start-ups and more.

The GPID winners that came from the Wazoku Crowd were as follows:

Venture Capital Deal of the Year in Water Production

• Natural Ventures, The Netherlands – Maarten Ter Keurst
• MayMaan Research, United States – Mark Kriek
• Aquasolis, Norway – Øyvind Stenberg

Most Impactful Lab/Accelerator in Water Production

• Columbia University, Singapore – Ngai Yin Yip

Wastewater Solution

TRL 4-7 Impact Award – CyFract, Turkey – Tayyar Bayrakci

“I couldn’t be happier with the incredible solutions presented by the Wazoku Crowd,” said Schønning Eysturoy, Senior Director Innovation Ecosystems, Wazoku. “GPID is leading the way in water innovation and brings together a global ecosystems of innovators, industry partners and academia that will make the world more sustainable, habitable and improve the access to water. Next year the focus will broaden so I expect to see many more participant at the Global Prize Innovation in Water 2025”

In November, 32 shortlisted of the GPID applicants attended a three-day innovation driven water sustainability event in Jeddah, Saudi Arabia. The winning applicants were identified at this event and have been given the opportunity to take part in the Saudi Water Innovation Center (SWIC), a leading incubator and accelerator in this technology space.

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For further information about Wazoku, visit https://www.wazoku.com

For further information about GPID, visit https://gpid.net/

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LONDON, UK — (ARAB NEWSWIRE) – Innovation scale-up Wazoku is expanding into the GCC region, with the establishment of a dedicated presence in the United Arab Emirates (UAE).

The company has invested in a UAE server infrastructure to meet local requirements and to ensure client data protection. Furthermore, Wazoku has partnered with FKRA, a UAE innovation consultancy, to bring on-the-ground expertise and increased responsiveness to local market requirements.

“Demand for open innovation services in GCC is growing rapidly, with the region increasingly seeking global expertise to address its challenges,” said Schonning Eysturoy, Senior Director of Innovation Ecosystems at Wazoku. “With more than 2,500 challenges solved through open innovation, Wazoku is well positioned to support this need for innovation expertise. Our partnership with FKRA and our new UAE-based server reflect our commitment to the region and enhance our ability to meet the GCC’s requirements.”

Wazoku already has offices and partners in the UK, Chile, Saudi Arabia, Norway, Colombia and the US. It has previously worked with organisations across the GCC, including Dubai Electricity and Water Authority (DEWA), Neom, Saudi Water Authority, and Aramco.

Wazoku recently supported the Global Prize for Innovation in Desalination (GPID), the world’s largest competition dedicated to excellence in desalination. Leveraging crowdsourcing, Wazoku identified 540 participants this year—more than double the previous year’s count. These participants will compete for $10 million in prize money, with the winner to be announced in Jeddah, Saudi Arabia, on November 25th.

Since establishing a presence in the UAE, Wazoku has added clients such as the defense contractor EDGE Group, and the Technology Innovation Institute (TII). The expansion and partnerships will be formally announced at event in Abu Dhabi on November 19, 2024, held in collaboration with TII. The event will focus on how crowdsourcing can foster innovation in the region.

Wazoku works with customers, including Sanofi, A2A, Bill & Melinda Gates Foundation, and many global enterprise businesses, government departments and not-for-profits, to crowdsource and manage ideas and innovation.

Its Innovation Ecosystem Platform supports its Total Innovation approach to Market Intelligence & Scouting, Innovation Management and Start-up & Partner Ecosystem Management. This enables organisations to crowdsource, capture, and manage ideas, whether from their own networks (such as employees, customers, or partners) or via the 700,000 researchers, scientists, and other experts that form part of the Wazoku Crowd.

“The GCC countries are increasing their investment in R&D, with UAE recently establishing an R&D council to help build an innovation ecosystem. Wazoku’s innovation management platform and global innovation ecosystem can support this ambition,” Eysturoy continued. “Our UAE presence is a pivotal step that means we can better serve GCC clients as they approach innovation on a bigger scale.”

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For further information about Wazoku, visit https://www.wazoku.com

For further information about FKRA, visit https://fkra.space/

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Riyadh – (ARAB NEWSWIRE) — On November 4th, local time, the 2024 China (Changsha) Construction Machinery Equipment Economic and Trade Matchmaking Conference (Saudi Arabia) kicked off in Riyadh, Saudi Arabia, on the occasion of the 2024 Saudi Build International Building Materials and Building Technology Exhibition. The event was hosted by Hunan Guozhong Zhilian Construction Machinery Research Institute, and co-organized by Hunan Remanufactured Construction Machinery Export Industry Alliance and Changsha Construction Machinery Association (CSCMA). Over 60 entrepreneurs from China and Saudi Arabia signed a memorandum of cooperation to further strengthen exchanges and cooperation.

The Matchmaking Conference was guided by Mr. Wu Jie, Counselor of the Commercial Office of China Embassy in Saudi Arabia. From China, and face-to-face talks with the Hunan Chamber of Commerce in Saudi Arabia, Saudi Oriental International Group, Saudi Lamsa Wetiqaa, Riyadh’s REC, ASTM, Gulf Construction, AYA’A TRADING and Saudi WEN X were conducted, helping the cooperation between the two countries in construction machinery remanufacturing equipment trade, standards and industrial chain supply chain, investment services, etc., giving full play to their own advantages, and fully tapping the potential of cooperation.

On behalf of CSCMA and Hunan Remanufactured Construction Machinery Export Industry Alliance, Yuan Zhen, Secretary General of CSCMA, extended a warm welcome to the guests and entrepreneurs. Yan Yingqi, executive director of the Hunan Chamber of Commerce in Saudi Arabia, introduced the Chamber of Commerce and shared his understanding of the Saudi market, as well as the experience of joint cooperation and win-win between China and Saudi Arabia.

In the promotion session, Chen Kang, Deputy Secretary-General of Hunan Remanufactured Construction Machinery Export Industry Alliance, introduced the business scope of the alliance and the organizational advantages of its main products and services.

At the Conference, the Saudi Arabian Hunan Chamber of Commerce, the export industry alliance of construction machinery remanufacturing equipment in Hunan Province, signed a strategic cooperation agreement, and the construction machinery enterprises in Changsha, China signed a purchase order agreement with local enterprises. Also, the opening ceremony was held, and CSCMA and Hunan Remanufactured Construction Machinery Export Industry Alliance announced the establishment of representative offices in Saudi Arabia.

The successful holding of this economic and trade exchange matchmaking conference has deepened the potential of economic and trade cooperation between the two sides and further promoted economic and trade exchanges and cooperation between Changsha and Saudi Arabia.

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Company: Hunan Remanufactured Construction Machinery Export Industry Alliance
Website: www.gzzl.ac.cn

 

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Riyadh, Saudi Arabia – (ARAB NEWSWIRE) – Craft Group, a leading innovator in museum construction and experiential design, is excited to announce its participation in the International Museum Construction Congress (IMCC) 2024 in Edinburgh, Scotland being held November 3rd to 5th, 2024. This prestigious event brings together key figures from the global museum and cultural sectors to share insights, discuss industry trends, network with peers, and explore the future of museum design and construction.

Craft Group’s participation in the IMCC underscores their commitment to staying at the forefront of industry advancements, particularly in the areas of Environmental, Social, and Governance (ESG) goals. As the museum sector faces increasing demands for sustainability and social impact, Craft Group brings 16 years of experience, dedication, and expert knowledge to the museum design field, and is therefore perfectly positioned to discuss strategies about the future.

“We are honored and thrilled to participate in this year’s conference which always sparks conversation about ideas, initiatives, best practices, and new concepts that are affecting the museum construction industry today – and forward onto tomorrow. By sharing our expertise in innovative design, sustainability, and museum construction methods, we hope to impart our vision as well as learn from other participants about their approaches, concerns, stumbling blocks and victories in the industry,” said Orazio Moretti, CEO of Craft Group.

Craft Group’s notable museum projects have included multiple groundbreaking projects in the Kingdom of Saudi Arabia including Design Space AlUla, Green Riyadh, Alasha Village, Diriyah Visitor Center, King Fahad Traveling Exhibition, Being Saudi, and King Abdulaziz Center for National Dialogue. The company is skilled in handling a full spectrum of museum construction and building disciplines including project management, design and concept development, production, fit out, multimedia content creation, exhibition design and curation.

Orazio Moretti, will be a featured speaker at the conference. His session will discuss Craft Group’s portfolio of projects focusing on the museum sector.

 

 About Craft Group

Craft Group is a leading design and construction firm based in Riyadh, Saudi Arabia, specializing in creating immersive and sustainable environments for museums, galleries, and cultural institutions. With a focus on innovation and cultural relevance, Craft Group has delivered world-class projects that resonate with audiences around the globe.

Media Contact
Gwen Wunderlich,
CEO of Wunderlich Kaplan Communications Global
Gwen@WKC.Rocks
+17186123990