Page 13 - Financial Sector Development Program News Today

RIYADH: Saudi electronic information company Tabadul and Fintech Saudi signed a memorandum of understanding to boost the Kingdom’s financial technology in the logistics sector. The agreement states that the two parties will create new opportunities for entrepreneurs to develop their business and products as the companies collaborate to build an ecosystem and raise awareness of

Gulf International Bank – Saudi Arabia(GIB) said that it will continue its partnership with fintech pioneer Beehive to provide financing capabilities to support micro and small-to-medium enterprises (MSMEs) across the Kingdom.

He said that the Kingdom's government has been able to control inflation rates at much lower levels than most countries of the world. “The average inflation rate until July of this year was about 2.1% compared to the same period last year, thanks to the policies adopted by the government.”

He said that the Kingdom's government has been able to control inflation rates at much lower levels than most countries of the world. “The average inflation rate until July of this year was about 2.1% compared to the same period last year, thanks to the policies adopted by the government.”

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Venture-backed startups in Saudi Arabia have been bolstered by a confluence of favorable trends in recent years including low interest rates, increasing urbanization and a sharp rise in oil revenues.

Saudi Central Bank approves two new Fintech companies

RIYADH: The Ministry of Education will introduce a course in financial literacy for the upcoming academic year, as experts told Arab News it will help students have a “better financial future.” Ibtisam Al-Shehri, the official spokesman for public education, told Arab News: “The financial literacy course targets first-year students of all tracks. Students learn financial skills

Wael Al-Hazzani has been CEO of  the Saudi Securities Clearing House (Muqassa) since its establishment in 2018. He has led the company in its drive to reduce counterparty risk, improve market efficiency and enable the introduction of new products and services. Muqassa performs a critical role in the Saudi capital market’s development as one of Saudi Tadawul Group’s

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities