Omar Mejjallid

Bashar Al-Natoor / بشار نواف الناطور, managing director, global head of Islamic finance at Fitch Ratings does a breakdown of the key differences between AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standard 62 and standard 59. Al Natoor was speaking at an event organized by The Asset Events. For more information, please go here: https://lnkd.in/gUwFtE7D #Finance #IslamicFinance #Regulation #GCC #Asean #Malaysia #TheAssetTalk

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With His Excellency, Mr. Mohamed Bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs, during the National water preservation campaign inauguration. We discussed the potential of green investing and potential drawbacks of carbon market, and ways to overcome it

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Saudi Central Bank Governor Emphasizes IMF's Core Mission During the #IMF Spring Meetings, Saudi Arabia stresses the importance of the International Monetary Fund adhering to its core functions and re-evaluating its policies in light of global financial risks. Central Bank Governor Ayman Al-Sayari calls for tailored policy advice and enhanced macro-financial analysis. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #IMF2024 #GlobalEconomy #FinancialStability #EconomicPolicy #CentralBanking #AymanAlSayari #MohammedAlJadaan #InternationalTrade #Multilateralism #FinancialSurveillance #EmergingMarkets #DevelopingEconomies

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Explore the key principles of governance in financial institutions. Discover how robust frameworks drive stability, transparency, and trust within the financial sector. Read the full article for in-depth insights and practical applications. #Governance #FinancialInstitutions #Leadership #Transparency #klafirm Fawaz Al-Dubaikhi Fadi Daher Laurena Adaymy Hussain Bu Najimah LL.M

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The Saudi Cabinet has approved a new framework to drive foreign direct investment, aligning with Vision 2030’s goals of economic growth and diversification. With a record SAR 96 billion in FDI for 2023, the Kingdom strengthens its position as a top investment destination. Saudi Vision 2030 #SaudiArabia #FDI #SaudiVision2030 #EconomicGrowth #GlobalBusiness https://lnkd.in/dKuzrUpg

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what you need to keep in mind while you are working in #PMO #Strategy to consider: 1- Alignment with Core Values and Mission 2- Stakeholder Engagement 3- Regulatory Compliance 4- Integration into Business Strategy 5- Measurable Goals and KPIs 6- Transparency and Reporting 7- Innovation and Continuous Improvement

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US & EU De-Coupling, so-called "De-Risking" from China generates global fragmentation and will be costly, disrupting trade, direct investment and financial flows and capital markets. However, the GCC and its Middle East partners are likely to benefit from their growing strategic, technology, knowledge sharing, trade, economic and financial links with China.

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How does Profit Margin translate to EPS for Saudi Banks? AlRajhi Bank, SAB, and SNB topped Saudi Banks with the highest profit margins. Consequently, this led to them also having the highest EPS on average amongst the sector. To view the full report: http://t.ly/_kllr

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Dive into the Middle East Youth Outlook 2024! Our survey amplifies the voices of young people from the region, showcasing their commitment to clean water, quality education, good health, and innovation. 🔗 https://pwc.to/4dI3Szl

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"The STC Group's Board of Directors has recommended increasing annual dividend distributions from SAR 1.6 to SAR 2.2." But why would a company make such a move? Increasing dividends often signals strong financial health and confidence in future earnings. It can be a way to reward loyal shareholders, enhance investor confidence, and attract new investments. For companies like #stc, it can also demonstrate that they are generating consistent cash flows and don’t need to retain as much capital for internal growth. However, companies must balance this decision with ensuring they have enough resources for future investments and growth opportunities. In finance, decisions like these reflect a company’s strategy in managing shareholder value and long-term sustainability. 🌴

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Government Bank Loans vs Private Bank Loans: Key Differences Weigh your options carefully! Here's a breakdown of the main differences between government bank loans and private bank loans to help you decide which one suits your needs: 1- Interest Rates: Government banks offer lower and stable rates, while private banks have higher and varying rates. 2- Processing Time: Government banks take longer due to extensive verification, whereas private banks process faster with simpler procedures. 3- Eligibility Criteria: Government banks have more relaxed criteria, especially for specific groups, while private banks have stricter criteria and emphasize credit scores. 4- Customer Service: Government banks may have slower and less responsive service, whereas private banks offer more personalized support. . . . For taking further loans you can contact Creditmantra at - 6263013553, 9770947321 . . . . #BankLoans #GovernmentBankLoans #PrivateBankLoans #LoanComparison #FinancialLiteracy #PersonalFinance #BankingInIndia #LoanOptions #financialplanning

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ISLAMIC BANKING – THE NEW FRONTIER IN BANKING IN SOUTH AFRICA? In South Africa's competitive banking environment, Islamic banking emerges as a vital alternative, catering to the financial needs of a growing segment seeking ethical, sharia-compliant solutions. To secure the future commitment of Islamic banking customers, banks must offer more than just compliance with Islamic principles; they need to deliver exceptional value through personalised services, transparent communication, and innovative products that align with customers' religious and financial values. By doing so, banks can not only attract but also retain a loyal customer base, ensuring sustained growth and relevance in a diverse financial landscape. To find out more, read my opinion piece attached and explore the importance of value as a differentiator in the Islamic banking sphere in South Africa.

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A glimpse of my interview dated 11.10.2024 on CNBC Arabia discussing US markets: “We have not finished the battle against inflation” Thank you Riad Saadi and Denize El Kassis for having me. -We saw a strong labor market data, which led to positive momentum for U.S. stocks, indicating that the U.S. #economy is avoiding a #recession. As a result, the likelihood of a soft landing has become more probable. -This positive momentum continued with the release of excellent financial results in the banking sector, with many exceeding expectations. JP Morgan Chase, in particular, reached record levels this year, rising by about 27% since the beginning of the year. -#Inflation remains sticky, as evidenced by the Core PCE index, which stood at 2.7%. Additionally, both the Headline and Core CPI came in higher than expected, especially the Super Core CPI, which excludes food, energy, and housing costs, reaching 4.32%. The Core PPI also exceeded expectations. Therefore, I believe the #fed is making a mistake by focusing solely on the labor market. It should also direct its attention to inflation, especially given the geopolitical tensions in the Middle East. We need to monitor the "response and counter-response" and its impact on crude oil prices, which are rising and could reach $90, fueling inflation. Hence, we cannot consider the battle against inflation as over.

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Weekly Economic Commentary covering international #MENA #GCC #SaudiArabia #UAE economic & financial developments is live Nasser SAIDI

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𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮’𝘀 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝘀 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲! The transformation of Saudi Arabia’s financial landscape is nothing short of remarkable, driven by Vision 2030 and the Financial Sector Development Program (FSDP). As outlined in KPMG’s latest report, "Unlocking the Future: An Overview of the FinTech Opportunity in Saudi Arabia", the Kingdom is emerging as a global FinTech hub, offering immense opportunities for growth, innovation, and inclusion. 📊 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: • A surge in investments and FinTech startups is reshaping the financial ecosystem. • Adoption of digital payment solutions, including Buy Now Pay Later (BNPL), has skyrocketed, with over 10 million users. • Regulatory initiatives, such as the Open Banking Framework and InsurTech Rules, are fostering innovation and competition. • Saudi Arabia saw a 𝟮𝟯𝟭% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in FinTech investment in 2023, reaching $𝟳𝟵𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻. 💡 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: Saudi Arabia is fertile ground for FinTech innovation with: • Supportive regulations • Access to capital • Collaboration with incumbent banks and global players As the Kingdom continues to embrace cutting-edge technologies and financial services innovation, it’s clear that the future of finance is being shaped in Saudi Arabia. Now is the time to seize the opportunities! Thanks to Anton Ruddenklau and Ovais Shahab for this insightful report. 𝗦𝗼𝘂𝗿𝗰𝗲:https://lnkd.in/dYuF2ceV #FinTech #SaudiArabia #Vision2030 #Innovation #DigitalTransformation #FinancialInclusion #FaysalGhauri

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Mashreq has successfully priced a $500 million Additional Tier 1 bond offering with a 7.125% coupon on June 3, 2024. This marks our return to the debt capital markets since 2022, achieving the largest price tightening by any UAE bank for an Additional Tier 1 issuance in the last five years. Key points: 🔹 Orderbook exceeded $2.1 billion early on. 🔹 Yield set at 7.125% with a reset margin of +270.5bps. 🔹 Global marketing efforts included a roadshow in London. 🔹 Investor allocation: 77.5% from the Middle East, 19.5% from Europe. Group CEO Ahmed Abdelal commented, “The robust investor engagement and support for this strategic transaction is gratifying. This will enable Mashreq to continue its growth plans into 2024 and beyond.” #Finance #Investment #BondMarket #Mashreq #UAE #Growth 𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳 : 𝘊𝘰𝘯𝘵𝘦𝘯𝘵 𝘴𝘩𝘢𝘳𝘦𝘥 𝘩𝘦𝘳𝘦 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘯𝘰𝘵 𝘢 𝘱𝘳𝘰𝘮𝘰𝘵𝘪𝘰𝘯 𝘰𝘳 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘢𝘯𝘺 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘦𝘯𝘵𝘪𝘵𝘪𝘦𝘴 𝘰𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴.

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Fintech Saudi has published the Annual Fintech Report for 2023, offering an overview of the progress of the fintech industry in Saudi Arabia over the past year. Click the link to access the report: shorturl.at/FaN86 #Annual_Fintech_Report23 #fintech

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Following the decision to halt new applications for establishing microfinance and consumer finance companies for one year, watch this video to discover the key trends in Egypt’s consumer finance market. #ArabFinance #Egypt #Economy #News #Market

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The International Monetary Fund (IMF) has praised Saudi Arabia’s remarkable economic transformation driven by prudent government policies and successful diversification efforts. Highlights from the recent IMF report include: 🔹Economic Growth: Saudi Arabia’s GDP is projected to accelerate to 4.5% by 2025, with non-oil growth reaching 3.5% in 2024. 🔹Financial Stability: The financial sector remains robust, with ongoing reforms enhancing business environments and foreign investment appeal. The Kingdom climbed 15 places in the IMD’s World Competitiveness ranking, now at 17th globally. 🔹Private Sector Development: Efforts to boost human capital, female labor participation, digital transformation, and governance are set to further enhance private sector growth and attract more FDI. 🔹Environmental Initiatives: Committed to net zero emissions by 2060, Saudi Arabia is investing in renewable energy, energy efficiency, clean hydrogen, and carbon capture technologies. These strategic initiatives underline Saudi Arabia’s vision for a diversified, sustainable, and competitive economy. #SaudiArabia #EconomicGrowth #IMF #Vision2030 #Diversification #FinancialReforms #Sustainability #PrivateSector #GlobalCompetitiveness #RenewableEnergy #GreenFinance

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