Saudi prosecutor at Istanbul consulate where Khashoggi was killed

A Saudi Arabian flag flies at the Saudi Arabian consulate in Istanbul. (AFP)
Updated 11 November 2018

Saudi prosecutor at Istanbul consulate where Khashoggi was killed

ISTANBUL: Saudi Arabia's chief prosecutor on Tuesday visited the consulate in Istanbul where journalist Jamal Khashoggi was murdered, according to an AFP journalist at the scene.
The head of the Saudi investigation, Attorney General Sheikh Saud al-Mojeb, visited the consulate after meeting for the second time with Istanbul chief prosecutor Irfan Fidan.

Financial Sector Conference kicks off Wednesday in Riyadh

Updated 2 min 25 sec ago

Financial Sector Conference kicks off Wednesday in Riyadh

  • Thousands have signed up for the two-day event including ministers and top policy makers

Thousands of delegates are expected to attend a two-day finance event in Riyadh, which starts on Wednesday under the patronage of King Salman.

The Financial Sector Conference is being held by the Ministry of Finance and Saudi Arabian Monetary Authority (SAMA).

Organizers of the event at the Ritz-Carlton conference hall in Riyadh said informally that some 3,400 attendees had signed up for the two-day showcase of the Kingdom’s financial industry, and that more were registering at an impressive rate.

Delegates include ministers from the finance, economy and strategic ministries, as well as top policymakers from capital markets, investment and insurance industries.

It follows last year’s Future Investment Initiative (FII) and the National Industrial Development and Logistics Program events, held at the same venue.

The event will involve the presence of the Saudi Real Estate Refinance Company (SRC), which is seen as a key to providing more affordable housing in the Kingdom and boosting home  ownership by citizens.

SRC, a subsidiary of Saudi Arabia’s sovereign Public Investment Fund, aims to issue up to SR4 billion ($1.07 billion) of long-term sukuk — or Islamic bonds — this year, its chief executive said on Tuesday.

“Our strategy is clearly to tap the market twice this year,” Fabrice Susini said. “We are really looking at probably issuing something between ... 2 and 4 billion riyals that we may be issuing in two tranches.”