Page 21 - Financial Sector Development Program News Today

The governments significant progress toward Vision 2030 is accelerating growth in Saudi Arabia and the Kingdom is expected to solidify its position as the M&A leader in the region in 2022, says an expert.

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Over 1 million PoS terminals in Saudi Arabia, says SAMA

Over 1 million PoS terminals in Saudi Arabia, says SAMA

RIYADH: Legal and financial experts have supported the decision of the Saudi Attorney General Saud Al-Mojeb to create new specialized units for investigating financial fraud. Zahra Al-Nasser, an assistant professor in the department of finance and banking at Dar Al-Uloom University, told Arab News that the move to form new specialized units to investigate financial fraud will

Saudi Arabia’s Al Rajhi Bank has announced that it has successfully completed the issuance of Saudi Riyal denominated Tier 1 Sukuk.

The Kingdom advanced from the third to the second rank among Middle East and North African countries in terms of the total value of venture capital, accounting for 21% of the total investment value in the region up from its share of 15% in 2020.

Monsha’at, Saudi Arabia’s General Authority for Small and Medium Enterprises (SMEs), yesterday announced an 884 percent year-on-year increase in SME borrowing on Funding Gate (Tamweel), the online financing platform. While Monsha’at does not lend directly, Funding Gate provides an automated lending platform that aggregates financial products and expedites the delivery of

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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