Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
18-01-23
Minister: Saudi Arabia to draw massive investments via structural alterations
(MENAFN) Saudi Arabia seeks to attract sufficient large-scale fund due to its access to natural resources, regulatory alterations, and its young population, as stated by the Saudi Minister of Economy and Planning Faisal Alibrahim.
“We have the right kind of incentive structures and governance and processes in order to attract the right kind of investors for the right kind of returns for them as partners,” Alibrahim informed Bloomberg on the offshoots of the World Economic Forum’s yearly gathering in Davos, Switzerland.
The Saudi administration has made over 700 regulatory alterations as it looks to draw financiers, according to Alibrahim. He also stated that “We’re very serious about our diversification efforts,” he added. “We’re open, and we’re talking to all partners who’re interested in the Saudi story.”
Saudi Arabia witnessed the most powerful surge in employment in nearly five years as business situations in its non-oil economy developed at a somewhat slower pace at the end of 2022 after a raise.
“We still want to create more jobs, and we want to even reach higher levels,” in line with Alibrahim. He doesn’t see greater interest rates effecting the Saudi private industry.
MENAFN18012023000045014228ID1105443616
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us