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Saudi banking, 'a cornerstone for the region, ought to eye global expansion'

LONDON: The Saudi banking system has become a cornerstone for the industry in the region but the Kingdom needs to focus more on global expansion, according to an industry expert. The country has undergone a process of modernization at a very rapid pace, which โ€œis a good thing,โ€ George Kanaan, the CEO of the London-based Arab Bankers Association, told Arab News, and having a
New York United States United Arab Emirates Hong Kong United Kingdom Saudi Arabia

Saudi Tadawul Group strengthens links with foreign counterparts

RIYADH: The operator of the Saudi stock exchange, Saudi Tadawul Group, has strengthened its links with several foreign exchanges and signed agreements with Saudi partners to advance environment, social and governance principles. The opening day of the Saudi Capital Market Forum in Riyadh on Sunday saw a trilateral memorandum of understanding signed between the Saudi exchange,
Ar Riya Saudi Arabia Mohammed El Kuwaiz Faisal Al Ibrahim Mohammed Al Rumaih Khalid Alhussan

Saudi Arabia set to hold 2nd Financial Sector Conference to discuss economic uncertainty issues in March

RIYADH: Global and regional economic uncertainty will be one of the key themes of the second edition of the Financial Sector Conference 2023 set to be held in Saudi Arabia on March 15 to 16. The event will take place at the King Abdulaziz International Conference Center in Riyadh and is organized by Saudi Arabiaโ€™s Financial Sector Development Program partners, which are the
Saudi Arabia Ar Riya Mohammed Al Jadaan Kingdom Financial Sector Development Program Saudi Arabia Financial Sector Development Program Capital Market Authority

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Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

RIYADH, Saudi Arabia, Feb. 8, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh. It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well a...
Saudi Arabia Ar Riya Khaled Al Qareshah Financial Sector Development Program Capital Market Authority Saudi Central Bank

Saudi Arabia to Launch 2nd Edition of Financial Sector Conference (FSC) March 15-16, 2023 in Riyadh

RIYADH, Saudi Arabia, Feb. 8, 2023 /PRNewswire/ -- The 2nd Edition of the Financial Sector Conference (FSC 2023) organized by the Financial Sector Development Program partners (Ministry of Finance, Saudi Central Bank, and Capital Market Authority) will be held March 15-16, 2023 at the King Abdulaziz International Conference Center in Riyadh. It will be attended by decision-makers in the financial sector and senior executives in local, regional, and international financial institutions, as well a...
Saudi Arabia Ar Riya Khaled Al Qareshah Financial Sector Development Program Capital Market Authority Saudi Central Bank

Saudi Arabia to attract huge investments through structural changes: Minister

RIYADH: Saudi Arabia stands to draw enough large-scale investment thanks to its access to natural resources, regulatory changes, and its young population, according to the Saudi Minister of Economy and Planning Faisal Alibrahim. โ€œWe have the right kind of incentive structures and governance and processes in order to attract the right kind of investors for the right kind of
Saudi Arabia United Arab Emirates Ar Riya Switzerland General Saudi Arabian Faisal Alibrahim

SABB inks deal with Saudi Electricity Company to automate bank guarantees

The Saudi British Bank has signed an agreement with the Saudi Electricity Company to digitize bank guarantees and raise the efficiency of financial transaction procedures related to the implementation of projects and businesses. The agreement is part of a larger effort to improve cross-sector collaboration in order to meet Vision 2030 objectives, particularly those related to
Saudi Arabia United Kingdom Abdulaziz Al Muhaiza Hashem Al Hogail Yasser Al Barrak Saudi British Bank

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