08 May 2015
(MENAFN) Saudi Arabia’s mid-market enterprises (MMEs) are set to generate a turnover of USD232 billion into the country’s economy, according to a report by The HSBC Group, Arab News reported.
The reported identified MMEs as companies that enjoy yearly sales ranging from USD50 million to USD500 million. It added that those kinds of firms have a 10.3 percent share in Saudi Arabia’s GDP.
The report said that there are a number of 1,980 MMEs in Saudi Arabia, with total indirect and induced effects in Saudi reaching USD74.3 Billion and providing 770,000 jobs.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more