Stock market crash obscures Saudi boom
Opening the doors to the kingdom
Muhammad Al-Jasser, vice governor of the Saudi Arabian Monetary Agency, must be glad he doesn’t have to worry about the stock market and its recent fall except to the extent that it might have an effect on the banking system. Apparently he has been sleeping soundly. “The banking system is not facing any systemic risk as a result of the events in the stock market,” Al-Jasser tells Euromoney.
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