Saudi Arabia Launches Investment and Acquisition Facilitation Program to Provide Liquidity to Industrial Firms

A factory in Madinah. (SPA)
A factory in Madinah. (SPA)
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Saudi Arabia Launches Investment and Acquisition Facilitation Program to Provide Liquidity to Industrial Firms

A factory in Madinah. (SPA)
A factory in Madinah. (SPA)

The Saudi Ministry of Industry and Mineral Resources has launched the Investment Facilitation and Acquisition Program, which aims to offer diverse investment opportunities that align with investors’ goals, while also assisting industrial companies in expanding their production or addressing challenges in business development.

In a statement on Tuesday, the ministry said the program provides three key advantages: facilitating acquisitions within the industrial sector, offering liquidity to industrial companies, and presenting suitable opportunities for investors.

The ministry added that the program’s launch reflects its commitment to expanding and promoting industrial investment opportunities, creating an attractive business environment, and providing programs that help industrial companies increase production and enhance their competitiveness.

The process for applicants to the Investment Facilitation and Acquisition Program involves several steps, including submitting applications from both investors and companies, attaching the necessary documents through a designated electronic registration form, and analyzing the submitted applications to identify interested parties and determine compatibility.

If a match is found between an investor’s interests and a participating company, the two sides are connected. The investor then conducts an analysis and evaluation of the company and may submit an investment or acquisition offer to the owner if the evaluation aligns with their investment strategy.



CMA Chief: Trading Based on Algorithms Represents 25% of Transactions in Saudi Capital Market

 President of the Saudi Capital Market Authority (CMA) Mohammed Al-Kuwaiz (Asharq Al-Awsat)
President of the Saudi Capital Market Authority (CMA) Mohammed Al-Kuwaiz (Asharq Al-Awsat)
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CMA Chief: Trading Based on Algorithms Represents 25% of Transactions in Saudi Capital Market

 President of the Saudi Capital Market Authority (CMA) Mohammed Al-Kuwaiz (Asharq Al-Awsat)
President of the Saudi Capital Market Authority (CMA) Mohammed Al-Kuwaiz (Asharq Al-Awsat)

Mohammed Al-Kuwaiz, president of the Saudi Capital Market Authority (CMA), said that trading based on algorithms represents about 25% of the volume of transactions in the Saudi capital market, which confirms the importance of digitization.
Attending a dialogue session on the first day of the 24 Fintech Conference in Riyadh on Tuesday, he said that trading based on algorithms represents about 70% of global trading volumes, especially in developed markets.
Al-Kuwaiz said that “buy now, pay later” is an authorized field, and is the most desired among citizens, and it can be made easier to protect investors and customers.
“The financial sector was one of the first sectors to adopt digital transformation, as trade actually began in the 1970s before the launch of the Internet,” he said.
The CMA chief said that Saudi Arabia was one of the first countries to introduce digital trade in the 1990s, noting that this trade represents more than 90% of traded volumes at present.
“The financial services sector represents about 15% of global spending on information technology, which illustrates the focus of spending, its importance, and digitization in financial services,” he added.