WAMID, the technology and innovation arm of Saudi Tadawul Group (“STG”), has announced the launch of WAMID Newswire to bring real-time financial news from around the world to Saudi Arabian and global markets.
Through WAMID Newswire, users will be provided with exclusive access to premium global, real-time multi-asset class news. The platform delivers over 1,600 high-precision, ticker-tagged stories daily across equities, economics, energy, ESG, and other key sectors; offering comprehensive, multi-asset class coverage across the United States, Europe, the Middle East and Africa, and the Asia-Pacific regions. This service is designed to empower investors, traders, and analysts with the timely insights they need to navigate dynamic global markets, enabling more informed and confident decision-making.
WAMID Newswire is the result of a strategic partnership between WAMID and MT Newswires, which was announced earlier this year.
Yazeed Al Domaiji, Chief Executive Officer of WAMID, said: “WAMID is committed to equipping market participants with world-class tools that enable better, faster decision-making. With the launch of WAMID Newswire, we are proud to offer access to real-time financial news, reinforcing our role as the innovation arm of Saudi Tadawul Group. This initiative and partnership with MT Newswires reflect our commitment to not only advance the Saudi capital market but also to strengthen its integration with the global financial markets.”
As the technology and innovation arm of STG, WAMID plays a central role in driving digital transformation across Saudi Arabia’s financial ecosystem. The company is focused on using technology to improve market efficiency and enhance the long-term attractiveness of the Saudi capital market.
The launch of WAMID Newswire builds on WAMID’s growing portfolio of transformative initiatives, which includes the acquisition of DirectFN, an award-winning capital markets data solutions provider. WAMID also provides advanced market technology infrastructure through its Co-Location service as well as an online meetings platform for the capital market through its Liqaa service.
By continuously introducing world-class services such as WAMID Newswire, and leveraging innovation and technology, WAMID is reinforcing Saudi Arabia’s position as a global financial hub, while also advancing the regional and international standing of its capital market, and shaping the future of global market connectivity.