What is the capital of Saudi Arabia?
HSBC Saudi Arabia It employs more than 300 employees. The bank is a component on the Tadawul Exchange. HSBC Saudi Arabia HSBC Saudi Arabia Limited is a joint venture between The Saudi British Bank (SABB) and HSBC Holdings plc, established in 2005, as a limited liability company headquartered in Riyadh, Saudi Arabia with a share capital of SAR 50 million (US$13.33 million). It is the first full-service, independent investment bank to be established in the Kingdom of Saudi Arabia and serves as HSBC’s investment banking arm in the Kingdom. HSBC Holdings of Britain holds a 49% stake in the joint venture with SABB
Capital Markets Authority of Saudi Arabia Capital Markets Authority of Saudi Arabia The Capital Market Authority of Saudi Arabia (CMA) () is the Saudi governments financial regulatory authority responsible for capital markets in Saudi Arabia. The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister. Its responsibilities include setting and policing financial rules and regulations and developing the capital markets, this includes regulating the Tadawul, Saudi Arabia's stock exchange. Unofficially started in the early fifties and operated under its own rules until the government set its basic regulations in the eighties. The current Capital Market