RIYADH: Saudi Arabia’s financial market led its counterparts in other G20 countries in 2022 in terms of shareholders’ rights and stock market capitalization as a percentage of gross domestic product, according to the Capital Market Authority. The shareholder’s rights as a percentage of GDP give a sense of the influence that they have on the economy, while the stock market
DAVOS: Faisal Al-Ibrahim, the Saudi minister of economy and planning, on Friday met Stephen Schwarzman, the chairman, CEO and co-founder of private equity firm Blackstone, in Davos, Switzerland, to discuss the future of finance and ways to make a positive long-term economic impact.