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Developing safe, sustainable nuclear energy in the Kingdom
Most G20 economies have implemented initiatives to develop and generate nuclear energy that is safe, clean, and economical. More than a decade ago, Saudi Arabia set up a dedicated center for nuclear energy under the name King Abdullah Cit...
Dual listing between Saudi Stock Exchange and other exchanges
Once we announced the reactivation of BMG’s IPO workshop sessions, planned monthly starting at the end of this month with dedicated sessions on dual listing, we received an overwhelming inquiry about the benefits of dual listin...
Why mining?
I have always believed that mineral resources are a great blessing from God for any country. Mining is a significant revenue driver for many economies worldwide. The Saudi mining sector’s revenue is estimated to account for the lion’s share of the country’s non-oil...
Saudi and Turkish relationship: a new era
For someone who has attended so many business forums involving Saudi and Turkiye, the one I attended last week was different.
Firstly, post winning the last election, this was the first trip for Turkish President Recep Tayyip Erdogan and his ministers ...
Innovations in housing for a better quality of life in Saudi Arabia
At the annual BMG Economic Forum at the London Stock Exchange on July 5, held under the theme “Riyadh: The City of the Future,” a few memoranda of understanding were signed in support of the Saudi government...
Expo 2030: Why Riyadh?
As my hometown and for someone who lived his childhood and grew up there in the years before college, it is such a special feeling to have the capital of the Kingdom, Riyadh, shortlisted to host such a glorious global exhibition like the Expo, and to see it compet...
Saudi Arabia tapping into carbon credits economy
The Saudi sovereign Public Investment Fund, through its Regional Voluntary Carbon Market Company, last week announced a plan to launch a carbon credit exchange early next year. The company will also offer advisory services to companies lo...
Tourism a significant driver of Saudi economic and social development
As part of Saudi Vision 2030, tourism is a cornerstone of the Kingdom’s transformation plan. With its massive size, which is almost 10 times that of the UK, Saudi Arabia offers a variety of tourist attractions i...
Saudi Arabia is blessed with an aspiring, youthful population
The statement of Saudi Minister of Economy and Planning Faisal Al-Ibrahim that the latest population census is “the most comprehensive and accurate” in the “Kingdom’s history” caught my attention...
Saudi Arabia’s three decades of pride in astronauts’ achievements
In 1985, after completing his space mission, Prince Sultan bin Salman visited Boston as part of his world tour. For me and my friends who were studying at Harvard, it was a memorable and historic day to meet t...
Localizing semiconductor technology in Saudi Arabia
I recently received an invitation to attend the Future of Semiconductors Forum, a specialized gathering addressing the growth potential and challenges facing this critically important sector for humanity.
As some may know, semiconduct...
How cloud seeding will benefit the Kingdom
It was music to my ears when I saw last week’s news coverage of the Ministry of Environment, Water and Agriculture signing an agreement to buy five aircraft for its cloud seeding program. The government seeks to create new water resources...
Riyadh’s transformation and its new investment opportunities
Vision 2030 remains an essential guide for building the Saudi Arabian economy. And foreign direct investment is an indispensable enabler of the vision. The Ministry of Investment and other ministries have organized many forums a...
Ehsan platform and the digitization of noble contributions
Since the company’s inception 25 years ago, we at BMG Foundation have prided ourselves on being one of the first organizations to coin the term corporate social responsibility. Since then, organizations such as Saudi National Bank...
Umrah season in Ramadan is back to its peak
As we observe Ramadan, performing Umrah is one of the holy month’s main rituals. Saudi Arabia has assumed a prominent place in the world and has become synonymous with hospitality and a warm welcome to all Muslims.
According to ...
Seek knowledge even if you have to go as far as China
Up until recently, China was not an active tourist or business destination for millions of people in Saudi Arabia. Decades of cold war in the last century between the Western bloc and China, coupled with the language barrier and othe...
Formula One a game-changer for the spectacular Bride of The Red Sea
It was another spectacular weekend for Jeddah city, the Bride of the Red Sea. As the Saudi Vision 2030 transformation plan aspires to grow household and tourist spending on entertainment and tourism through the creation...
Riyadh’s name is flying sky-high
Back in 2015, I visited my dear brother Yasir Al-Rumayyan to congratulate him on his new post as the Public Investment Fund governor. Back then, the fund’s team had less than 50 members working in one of the buildings inside Riyadh’s Di...
SMEs: The key driver of the Saudi economy
During my high school years, I used to spend my evening hours at my father’s company: Al Ghalayini Fountains, a specialized construction company for the beautification of waterworks. Back then, there were only a handful of small and medium...
Government and private sector are in concert: The symphony has started
Since almost one-third of our clients are international companies, not to mention my network of contacts in the London financial market gained while living there for over 15 years, I am frequently asked: “Are y...
The Magic of Diriyah on Founding Day
As we celebrate the week-long festivities of the Saudi Founding Day, there is one word that keeps being repeated and has become the most common and focal name when describing the occasion. This word is “Diriyah.” According to history, Ima...
2022 a turning point in the Saudi capital market
I received an invitation from my dear brother Khalid Al-Hussan, CEO of Saudi Tadawul Group, to attend this year’s edition of the Saudi Capital Market Forum, which took place in Riyadh last week. I must say, compared to its previous ...
From waste to wealth: Turning challenges into economic returns
Since the launch of the Vision 2030 masterplan, Saudi Arabia has been witnessing rapid industrialization and fast urbanization, which has resulted in increased levels of pollution and waste. Riyadh city alone, with a master ...
Central Bank digital currency coming to Saudi Arabia.
The announcement by the Saudi Central Bank, SAMA, about the launching of its test lab for digital currency is a move in the right direction for the digitized economy.
Saudi Arabia continues its journey toward Vision 2030 wit...
Saudi Arabia shines as global investment darling at BMG Economic Forum
Investors and experts from across Saudi Arabia, the UK and Europe gathered at the BMG Economic Forum’s annual meeting at the London Stock Exchange on Tuesday to highlight key investment and cooperation opportunit...
A wonderful evening of classical music at London’s iconic St. John’s Smith Square brought together sounds and melodies of Saudi Arabia from the Royal Philharmonic Orchestra on Monday.
The event marked the opening of the annual economic forum presented by BMG Foundation.
The event was...
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Bassel Al-Ghalayini, CEO of BMG Finance Group, said: "This conference will explain the positive aspects of Vision 2030.
The CEO of BMG Financial Group Basil AlGhalayini said, in an interview with “Al Arabiya News” , that the parallel market is crucial for family businesses as it accommodates these firms and protect their equity values from dropping .
AlGhalayini added that the Saudi Stock Exchange &ldq...
Mr. Basil Al Ghalayini, Board Chairman and Chief Executive Officer of BMG Financial Group, share his opinion on the launch of Nomu- Parallel Market in the Saudi Stock Market and the listing of Small and Medium Enterprises. In addition to the role of BMG Financial Group being the Financial Consulta...
DUBAI: Saudi real estate firm Bunyan United Company has appointed BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock exchange.
The offering is expected to be one of the biggest listings in the parallel market with a value exceeding SR1 billio...
BMG Financial Group, The Financial Advisor of Alsamaani Factory for Metal Industries Company, has announced that the company has obtained the Capital Market Authority approval for offering 225,000 shares representing 20% of the Company's share capital to be listed in Nomu-Parallel Market which wil...
BMG CEO has chaired in Riyadh the regular meeting of authorised Persons Committee 5 (APC5) which includes local & international companies listed below.
It was an excellent opportunity to compare and share information on selected deals for potential cooperation among APC5s especially in ...
Today, in The Eastern Province, at the Legal Solution House, during the 5th workshop to introduce the new listing rules of the CMA and TADAWUL for the second financial market. Sixth workshop will be in the Western Region. Date will be notified soon insha'Allah.
With God blessing, BMG Financial Group had signed today an Advisory Mandate with Mr. Abdulfattah Ibrahim Al Julaidan for his family 5 stars hotel in Almadina Almonawara. The project will be suilt by a leading local developer and will be operated by a leading international hotelier. The projec...
Today in Jeddah at BMG Financial Group offices during the first workshop, with Tadawul team participation, to introduce the new listing rules for the secondary financial market. Next workshop will be organised right after the Eid break.
