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
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
15-01-23
Saudi share market supports mining companies worldwide to raise investment
(MENAFN) International mining firms need to collect investment via the Saudi share exchange with aim of surging funds in the nation, in line with a top private equity figure.
While giving a speech at the Future Minerals Forum in Riyadh, Ross Bhappu, partner and chief of private equity at Resource Capital Funds, applauded Saudi Arabia for establishing a dependable environment for financers seeking to become included in the nation’s mining field.
He also mentioned that in order for the sector to really improve, additional development was required to draw even higher investments.
“I would like to see the expansion of the Saudi stock exchange to where it is supportive of a general mining sector, I would like to see general mining companies come here and be able to raise money on the Saudi Stock Exchange and pump that money into an exploration within the country, within the Kingdom,” Bhappu stated.
Bhappu expressed his admiration to the nation’s determination to the mining sector, and asserted that “The greatest risk and reason we wouldn’t invest in a place has to do with fiscal uncertainty, fiscal uncertainty is a killer of investment.”
Adding, “When I look at what Saudi Arabia is doing it provides certainty for an investor.”
MENAFN15012023000045014228ID1105429113
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