Al-Ahli Financial plans partnership with Chinese banks

The Saudi Al-Ahli Financial Group intends to expand its strategic partnerships in East Asia by collaborating with Chinese banks, aiming to benefit from the growing interest of Asian investors in investment opportunities in Saudi Arabia. The head of the company's wealth management division indicated that the Saudi financial market has experienced notable development, with foreign participation exceeding 13%. He also noted that Asian investors are primarily focused on Islamic financial products and Sharia-compliant financing solutions, which gives Saudi Arabia a competitive advantage and encourages the attraction of more foreign investments.

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