22 Hrs
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مباشر
Finance Minister: Q2 results beat targets
The Saudi Minister of Finance, Mohammed bin Abdullah Al-Jadaan, confirmed that the financial sector indicators during the second quarter of the year exceeded the objectives of the Financial Sector Development Program, while ensuring the sustainability of the economic transformation. Solid growth was observed across the banking sector, financial market institutions, the insurance sector, and fintech, with a focus on balancing innovation and financial stability. Additionally, the third phase of Saudi Vision 2030 was announced, under the slogan "Maximizing Impact," along with a decision to empower the regional headquarters of licensed financial institutions to conduct cross-border activities. This aims to enhance competitiveness and establish Riyadh as a regional hub for global financial institutions.
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