Tag: Saudi Arabia Business News
Saudi Arabia’s PIF to seek up to $7bn loan for new...
The sovereign wealth fund of Saudi Arabia is planning to raise about $7 billion in loans as it seeks cash for new investments, according...
Saudi Arabia strengthened its anti-money laundering regulatory framework
Saudi Central Bank Governor H.E. Dr. Ahmed Alkholeify said that the Kingdom has strengthened its regulatory and legislative framework to tackle money laundering and...
Saudi’s new law enables foreign investors to become chamber board members
Saudi Arabia Council of Ministers has approved the new Chambers of Commerce Law, enabling foreign investors to become members of the board of directors...
Saudi’s SRC plans to launch bond issue
Saudi Real Estate Refinance Company’s (SRC) CEO Fabrice Susini said that the company will tap international debt markets for a $500 million dollar-denominated bonds...
Fintech innovation vital for finanial sector development: SAMA Governor
The Saudi Central Bank (SAMA) Governor H.E. Dr. Ahmed Alkholeify said that the central bank wants to see more competition and development in new...
Saudi Aramco expands IKTVA initiative with new, international collaborations
The largest oil-exporting company in the world, Saudi Aramco, is preparing to expand its initiative to push further investment into the local economy as...
Saudi Central Bank extends pandemic loan scheme to support businesses
The Saudi Central Bank, previously known as Saudi Arabian Monetary Authority (SAMA) has extended a loan deferral scheme to support small businesses deal with the fallout...
Saudi Arabia among top 10 safest travel destination around the globe;...
Saudi Arabia has been ranked as the sixth safest travel destination during the COVID-19 pandemic by the largest online travel marketplace in the Middle...
