“Inside the Finances of Al-Riyadh Club: From a 465 Riyal Treasury Balance to Paying off 6.5 Million Debt”

2023-05-18 01:01:34 Al-Marsad newspaper: The president of the Riyadh club, Bandar Al-Muqil, revealed a surprise about the treasury balance and the debts registered on the club during its receipt. Treasury balance Al-Muqil said, during his interview with the “Kora” program: I received the club, and its balance in the treasury was 465 riyals, and the … Read more

Divestment: Divestment shortfall: Centre has math ready

The Centre is banking on higher dividend income from state-run companies, savings accruing through the new fund release system for autonomous bodies and central schemes, and unutilised central scheme funds to make up for any shortfall in disinvestment receipts. The finance ministry expects a ₹28,000 crore budget impact through these measures. In the February budget, … Read more

Omar Sefiani appointed as Acting Director of the Treasury Department of the African Development Bank

(AFRICAN DEVELOPMENT BANK) – The African development bank appointed Omar Sefiani as Acting Director of the Treasury Department, effective November 1, 2022. Of Moroccan nationality, Omar Sefiani is an expert in finance. He has over 17 years of experience in international financial markets. He currently heads the bank’s Investments and Treasury Operations Division. In this … Read more