Argaam

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]}

Argaam

Native name	أرقام
Company type	Private
Industry	Financial markets and macroeconomics in Saudi Arabia
Founded	March 1, 2007; 18 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)[1]
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

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.^[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

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.^[16]