Standard Chartered Bank aims to boost Saudi-China economic ties with strategic expansion RIYADH: Saudi Arabia offers significant growth potential for foreign banks operating in the Kingdom to meet the increasing demand from Chinese clients, according to a senior banker. Speaking to Arab News, Jerry Zhang, CEO of Standard Chartered Bank China, noted that the company … Read more
RIYADH: Saudi Arabia’s insurance industry is projected to experience a compound annual growth rate of 5.2 percent until 2028, reaching SR83.7 billion ($22 billion), a study showed. This growth, up from the current SR68.3 billion in 2024, is primarily driven by the health and motor segments, which together will account for 86 percent of the … Read more
RIYADH: The geospatial infrastructure in Saudi Arabia is set to receive a boost with the launch of an open data portal that will use geographical information systems to achieve sustainable development goals. The portal was announced at the Geospatial Data Consortium, organized by the General Authority for Survey and Geospatial Information in partnership with the … Read more