The 2022 Saudi budget will soon be released and there will undoubtedly be many commentators analyzing the positive fiscal position of the country, given the quarterly trends registered over the past year.

The insurance sector plays an important role in pricing risk to enable businesses to carry on with their activities. However, in the era of the pandemic, the global insurance industry is facing many challenges, besides COVID-19 issues.

The Future Investment Initiative conference has once again showcased practical solutions for several global issues offered by policymakers, dreamers, and hopeful stakeholders.

Saudi Arabia’s Crown Prince Mohammed bin Salman recently launched a program to develop the nation’s human capabilities.

Nowadays, the issue of increasing local participation in major Saudi projects has assumed great importance. This approach did not come out of nowhere, but it has a renowned pedigree at Saudi Aramco.

There has been a perceptible rise in interest in sukuk investment by both private individuals and governments issuing sukuk bonds like the Saudi Ministry of Finance monthly sukuk offerings.

Lack of financial education still plagues many young people, as does the failure to instil a lifelong savings habit from an early age.