Sectors

Banking/Finance

BANKING AND FINANCE

Citigroup Saudi Arabia to be ‘Fully Operational’ in 1Q 2018

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Citigroup will be "fully operational" in Saudi Arabia in the first quarter of 2018 after an absence of more than a decade, according to reports, as it seeks to capitalize on opportunities in debt and equity capital markets.

SAUDI CAPITAL MARKET AUTHORITY

Saudi CMA Presses on Adoption of International Financial Reporting Standards

CMA
According to the Saudi Gazette, the CMA has laid out the specific time-frame and requirements for all companies listed on the Tadawul to disclose their adoption of International Financial Reporting Standards. The deadline is January 1, 2017.
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