Basil M.K. Al-Ghalayini

Basil M.K. Al-Ghalayini is the Chairman and CEO of BMG Financial Group.

Latest published

NCB tie-up opens new finance era under SAMA leadership

I was 25 when I landed a job with the National Commercial Bank (NCB) almost one week after arriving in Jeddah from Boston. I was hired as part of the investment management division (IMD) team to set up the first Murabaha fund in Saudi Arabia.

October 18, 2020

Saudi tourism revenue will be second after oil

Recently, I was watching an interview with Saudi Tourism Minister Ahmed Al-Khatib and his remarks about the income generated from local tourism being second after oil revenue by 2030 caught my attention. This is really music to my ears.

October 04, 2020

Saudi Arabia’s WTO candidate is getting closer to the top job

After a tough first round Mohammad Al-Tuwaijri, Saudi Arabia’s candidate to run the World Trade Organization (WTO), has advanced to the second stage of the selection process.

September 20, 2020

Launch of risk-hedging financial products in the Saudi market

The Saudi Stock Exchange (Tadawul) is launching a derivatives market, which is one of the key initiatives in the Financial Sector Development Program under the Kingdom's Vision 2030 reform plan.

August 29, 2020

Exploring new opportunities in the global pharmaceutical sector

Global stock market indices have been volatile since the start of the coronavirus pandemic, destabilizing the world in a way not seen since WWII.

August 23, 2020