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FINANCIAL NEWS
Saudi economic renovation attracts more investors
17 Nov 2015
(MENAFN) The private sector in the Group of 20 advanced and emerging economies looks at Saudi Arabia as a rich ground for lucrative opportunities in huge investments.
Things look even more promising with the free zones planned to be established in kingdom let alone its successful economic transformation which boost its status in attracting investors.
However, global economic progress is uneven and remains to fall short of growth standards, despite the positive outlook in some top economies, let alone the shortfall in global demand and structural problems.
“Saudi Arabia also bears the responsibility of being the de-facto leader of the OPEC, coordinating the group’s mission and its impact on the global economy,” said a regional analyst.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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