List of all articles filed under “saudi-arabia-topics” category.
“Standard Chartered is very keen to assist in developing the secondary trading market in bonds and sukuks in the Kingdom,” argues Dr. Boutros Klink, CEO of Standard Chartered.
“There are five main drivers that make it a particularly strong economy: firstly, you have substantial capital investments made by both the government and private companies. Secondly, there is the strong non-oil GDP growth,” argues Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“For home finance, the banks and the dedicated mortgage companies are already extremely active in the market. The new mortgage law is very strong and supportive,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“Saudi Arabia, being a very young and very technology-savvy society, is an ideal ground for Internet banking. What we have seen is very fast-growing usage of our internet banking channels, and even faster growth of our mobile applications,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“The banking sector mirrors the economy, so the outlook is extremely bullish,” claims Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“With the leadership of our Chairman and his vision, we have diversified our business line between construction, catering, facilities management, operation and maintenance, airport systems, and other lines of business that we already signed significant international partnerships on,” says Dr. Ahmed Sindi, General Manager of SATCO.
“The Saudi Arabian economy has taken significant strides. Our company, SATCO, being a classified contracting company with a first classification, stands to benefit significantly from the extensive opportunities in construction in particular,” says Dr. Ahmed Sindi, General Manager of SATCO.
“One of the government’s initiatives that SATCO is participating in is that SATCO has won a significant contract by the Ministry of Housing to build 778 villas in the northern region of Taima. It is a large project worth over 400 million Saudi riyals. SATCO so far has been one of the star contractors in terms of performance and delivery for such projects,” says Dr. Ahmed Sindi, General Manager of SATCO.
“Those big infrastructure projects that are catering to a growing economy suggest that demand on air travel and traveling between various parts of Saudi Arabia is going to grow. The government recognized that and has put aside many billions of dollars to improve its international airports and its local airports,” says Dr. Ahmed Sindi, General Manager of SATCO.
“SATCO is very active in airport systems. For more than 25 years, we had a contract to operate the luggage carousels in King Khalid Airport,” says Dr. Ahmed Sindi, General Manager of SATCO.
