SBJBC attracts financial firms to tap into Saudi market

user icon
NOHA.GAD
calender icon
Jul 18, 2024
article image

Riyadh - Sharikat Mubasher: The Saudi British Joint Business Council (SBJBC) held a roundtable in partnership with the global financial center Jersey Finance to support finance companies looking to expand into Saudi Arabia, a recent statement revealed.

The event, which convened in London, gathered Saudi experts and government representatives to discuss the practical requirements and support available for finance companies.

The roundtable, which was led by Jersey Finance's Director for Middle East, Africa, and India Faizal Bhana, featured speakers from the Saudi Embassy in London and the Ministry of Investment as well as leading law and advisory companies.

Bhana affirmed that the roundtable plays a crucial role in providing financial services companies with the knowledge and connections they need to successfully navigate the process of setting up in the dynamic Saudi market.

"Saudi Arabia's ambitious economic transformation presents significant opportunities, and we are committed to helping firms leverage Jersey's expertise to establish a presence in the Kingdom,” Bhana added.

Meanwhile, Chris Innes-Hopkins, UK Executive Director of SBJBC, stated that the roundtable aimed to foster discussion and debate, equipping attendees with valuable, on-the-ground insights into setting up a financial services firm in Saudi Arabia.

Jersey Finance offers a forward-thinking and ESG-driven approach across banking, corporate services, fintech, funds, investment management, and private wealth.


Share

Related News

Huspy acquires Dubai luxury brokerage LuxuryX
News
Calendar Icon
September 14, 2026
Huspy acquires Dubai luxury brokerage LuxuryX
Read More
QIA participates in Positron AI’s $875mn Series C at $5bn valuation
News
Calendar Icon
September 13, 2026
QIA participates in Positron AI’s $875mn Series C at $5bn valuation
Read More
Aramco Ventures invests in physical AI startup DeepCtrls
News
Calendar Icon
September 9, 2026
Aramco Ventures invests in physical AI startup DeepCtrls
Read More
Saudi Pinnacle invests in automotive platform Carly
News
Calendar Icon
September 8, 2026
Saudi Pinnacle invests in automotive platform Carly
Read More
AKDITAL opens first hospital in Saudi Arabia
News
Calendar Icon
September 8, 2026
AKDITAL opens first hospital in Saudi Arabia
Read More
Napster officially incorporates in Saudi Arabia with support from MISA, AstroLabs
News
Calendar Icon
September 8, 2026
Napster officially incorporates in Saudi Arabia with support from MISA, AstroLabs
Read More
Salla buys Paylink to expand merchant payment solutions
News
Calendar Icon
September 7, 2026
Salla buys Paylink to expand merchant payment solutions
Read More
Salla invests in NML to expand online merchants into retail
News
Calendar Icon
September 7, 2026
Salla invests in NML to expand online merchants into retail
Read More
NTT Data to launch AI Factory Lab in Riyadh this month
News
Calendar Icon
September 2, 2026
NTT Data to launch AI Factory Lab in Riyadh this month
Read More
Mobily, BytePlus announce $120–150mn cloud investment in Saudi Arabia
News
Calendar Icon
September 2, 2026
Mobily, BytePlus announce $120–150mn cloud investment in Saudi Arabia
Read More