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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