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Can the private sector solve the Saudi unemployment problem?

09 Jan 2016

A Commission for Job Generation and Anti-Unemployment was recently established to address the decline in oil prices and a youth unemployment rate of 29.43 percent...

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Saudi credit bureau to boost standards

03 Dec 2015

RIYADH: The Saudi Credit Bureau (SIMAH) is likely to start operations in the coming weeks, once it receives the license, Al-Eqtisadiah reported, quoting

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Financial literacy in Kingdom requires upgrading

21 Oct 2015

JEDDAH — According to the latest survey by Souqalmal.com, the leading financial comparison website in Saudi Arabia, 61 percent of Saudi residents did not...

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Six credit rating firms seek CMA licenses

17 Sep 2015

RIYADH: The Capital Market Authority stated that it has received applications from six companies to be authorized to carry out credit rating activities in the...

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6 credit rating agencies apply for Saudi license

16 Sep 2015

Six companies including Standard & Poor's, Fitch Ratings and Moody's Investor Services have applied for a newly-required license to continue doing credit rating work in...

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