Basil M.K. Al-Ghalayini

Basil M.K. Al-Ghalayini is the Chairman and CEO of BMG Financial Group.

Latest published

2019: The year Saudi Arabia achieved several milestones

This is my last article of 2019. Personally, I believe it was the busiest year in terms of business activities, reforms, new laws, local and international events in our recent history.

December 29, 2019

Saudi Arabia is magnet for foreign investors

With the end of 2019 on the horizon, I would like to list my observations, as well as my own experience, concerning Saudi Arabia’s attractiveness to foreign direct investments (FDIs).

December 08, 2019

King Salman: Five years of remarkable achievements

Yesterday marked the fifth anniversary of King Salman’s ascension to the throne.

The Kingdom has made remarkable and unprecedented political, social, economic and developmental achievements since King Salman started his rule on Jan. 23, 2015.

December 01, 2019

Aramco IPO — the countdown has started!

On April 25, 2016, Crown Prince Mohammed bin Salman announced that the Kingdom would sell less than 5 percent of oil giant Saudi Aramco’s shares via a partial IPO: “If 1 percent of Aramco is offered to the market, just 1 percent, it will be the biggest IPO on earth.”

November 16, 2019

Key economic driver: Small and medium enterprises

Small and medium enterprises (SMEs) play a pivotal role in any economy, generating jobs and contributing to growth. Saudi Arabia has long realized the importance of providing a nurturing environment to these entities.

October 12, 2019

B20 in Saudi Arabia

Last week I was invited to participate in a workshop chaired by Yousef Abdullah Al-Benyan, who is CEO of Saudi Basic Industries Corp. (SABIC) and the president of the B20, a group of businessmen and CEOs representing the 20 countries of the annual G20 summit.

September 22, 2019