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Who's Who: Mohammed Al-Jadaan, chairman of the General Authority of Awqaf

Saudi Finance Minister Mohammed Al-Jadaan was recently appointed chairman of the General Authority of Awqaf. The authority, according to the Saudi government website, is concerned with “organizing, maintaining, and developing endowments in a manner that achieves the requirements of the waqf and enhances its role in economic and social development and social solidarity, in
Saudi Arabia Ar Riya Mohammed Al Jadaan Imam Mohammad Bin Saud Islamic University Authority Of Awqaf Fiscal Balance Program

Saudi Venture Capital invests in first venture debt fund to support SMEs

RIYADH: Saudi Venture Investment Co. has invested in a global specialty lending fund that focuses on offering venture debt instruments to high-growth startups, small and medium enterprises in sectors, such as technology, fintech, healthcare and life sciences. The first venture debt fund that SVC is investing is managed by Partners for Growth, a California-based firm that
Saudi Arabia United States Ar Riya Nabeel Koshak Investment In Venture Debt Fund Investment In Funds Program

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Saudi Arabia's open banking program fuels fintech growth in the region

RIYADH: Saudi Arabia is poised to become a regional fintech hub with the launch of open banking last month. The concept provides seamless digital banking solutions to all stakeholders, besides reducing operational costs of traditional banking. On May 24, the Saudi cabinet approved the Kingdom’s financial technology strategy to modernize the payment sector as part of Vision
Saudi Arabia Ar Riya Hela Cheikhrouhou World Bank Group Capital Market Authority Saudi Central Bank

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