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The company was founded on 1 March 2007 in Riyadh, Saudi Arabia. On October 18, 2017, the Saudi Research and Marketing Group (SRMG) acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service. [18]
However, their effect on Saudi Arabia's economic fortunes has been small. [65] Saudi Arabia's first two development plans, covering the 1970s, emphasized infrastructure. The results were impressive—the total length of paved highways tripled, power generation increased by a factor of 28, and the capacity of the seaports grew by a factor of 10.
The Saudi Capital Market Authority was established to achieve a set of objectives, of which the most important are developing an organized, fair, transparent financial market, and ensuring the protection of investors from irregular practices, which involving deceit, cheat, fraudulence, or manipulation. To achieve these objectives and others ...
Al Eqtisadiah is often called "The Financial Times of Saudi Arabia". [5] Therefore, its target population is primarily businesspeople [6] as well as academics, and senior government employees in the Kingdom and the GCC. [2] Al Eqtisadiah is reported to rapidly secure a loyal readership of Saudi executives and government officials. [7]
PIF governor Yasir Al-Rumayyan in 2016. The Saudi Arabian Public Investment Fund (PIF) was established by the King Faisal bin Abdulaziz Al Saud in 1971 [9] by Royal Decree M/24 [10] with the stated intent to provide financing support for projects of strategic significance to the national economy. [11]
The Biden administration is close to finalizing a treaty with Saudi Arabia that would commit the U.S. to help defend the Gulf nation as part of a deal aimed at encouraging diplomatic ties between ...
Asharq News (Arabic: الشرق للأخبار) is an Arabic-language television channel and news portal with a focus on regional and global economics. [1] Asharq News was launched on 11 November 2020, and it is a subsidiary of SRMG, the Saudi Research and Media Group .
Saudi Exchange (Arabic: تداول السعودية ) or Tadāwul (Arabic: تداول ) is a stock exchange in Saudi Arabia.Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market.