The following guest post is courtesy of HiWayFX. [divide] With more than 25% of the global proven oil reserves and more than 255 trillion cubic feet of gas reserves; Saudi Arabia reported to generate more than 85% of the country’s export revenues from this hydrocarbon wealth for the fiscal year 2013. However in the present…
Read moreOpening up it's Bourse to foreign investors, Saudi Arabia looks to strengthen the Saudi Capital market’s position to become a leading market. In addition to increase the opportunities of raising its rating to be classified as an emerging market under global indices...
Read moreOne Financial Markets, the FCA-regulated Forex broker that targets markets in the Middle East, has announced the opening of a new support office in Jeddah, Saudi Arabia. The opening of the new office marks another step in One Financial Markets' expansion plans across the Middle East and is a sign of the company's commitment to…
Read moreAn official said that the Kingdom's regulator continues to expect the market to open to foreign investors in the first half of 2015, April is now the expected timeline though no specific day announced.
Read moreNew research undertaken by SunGard, one of the world’s leading software and technology services companies, has identified key requirements to support the growth of the Islamic banking industry. The survey also highlights the most important challenges faced by industry professionals today. SunGard surveyed 50 banking executives based in the UAE, Saudi Arabia, Qatar and Kuwait.…
Read moreLondon's financial markets economy has long courted the giants of Asia. FX settlement in Chinese currency aims to boost this further.
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