imported 2024-03-17 17:43:08
The Saudi stock market today has been negatively affected by many factors particularly the geopolitical issues especially in Yemen and Syria and the sharp decline of the oil price from $120 to $40, which is a decline of some 60 or 70%.
With the market regulator taking steps to give foreign institutions access to the Tadawul market in Riyadh, banks, fund managers and brokers in the region expect a boon and a boom for Saudi shares and new listings to come.
Dr. Boutros Klink, CEO of Standard Chartered
Saudi Arabia, compared to the other nations in the GCC, has the largest population. It also has the largest local population. So the demographics mix is different. In the credit card industry, the way we deal with the customer base is very different because we are able to build long term relationships with the customers and service their needs as their requirements grow throughout their life cycle.
