The launch was announced at the Future Investment Initiative organized by the Public Investment Fund in Saudi Arabia.
The app features intelligent information, analytics, charts and visual insights of various asset classes across the Saudi economy and markets. It offers clients a desktop view of real time activity of the energy market in Saudi, as well as news, price and fundamentals coverage.
“Saudi Arabia is one of the fastest growing markets in the region,” said Nadim Najjar, regional managing director at Thomson Reuters. “It provides investors with unbiased and real-time access to the most comprehensive portfolio of Saudi news and data to help them make critical decisions.”
Financial publishers are targeting the Kingdom as it opens up to increased foreign investment.
Earlier this month the Saudi Research and Marketing Group (SRMG) signed a deal with the New York-headquartered news conglomerate Bloomberg to launch Bloomberg Al Arabiya — a multi-platform Arabic-language business and financial news service.