{"id":42947,"date":"2023-03-06T12:44:15","date_gmt":"2023-03-06T12:44:15","guid":{"rendered":"https:\/\/dailytalks.org\/?p=42947"},"modified":"2023-03-06T12:44:15","modified_gmt":"2023-03-06T12:44:15","slug":"sama-approves-reducing-minimum-capital-for-sme-finance-companies","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=42947","title":{"rendered":"\u200eSAMA approves reducing minimum capital for SME finance companies"},"content":{"rendered":"<p>\u200e<\/p>\n<p>The Saudi Central Bank (SAMA) approved amending Article (8) of the Executive Regulations of the Finance Companies Control Law.<\/p>\n<p>Accordingly, the central bank gave the go-ahead for reducing the minimum capital of small and medium-sized enterprises (SMEs) finance firms to SAR 50 million.<\/p>\n<p>The move aims to boost SMEs through attracting a certain niche of investors to establish financing firms in this field and to reduce the related capital requirements&#8230;<br \/><a href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1616156\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200e The Saudi Central Bank (SAMA) approved amending Article (8) of the Executive Regulations of<\/p>\n","protected":false},"author":1,"featured_media":42948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-42947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ksa"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",665,350,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies-150x150.png",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies-300x158.png",300,158,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",640,337,false],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",640,337,false],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",665,350,false],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",665,350,false],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",665,350,false],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies.png",665,350,false],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2023\/03\/42947-sama-approves-reducing-minimum-capital-for-sme-finance-companies-590x350.png",590,350,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=27\" rel=\"category\">Saudi Arabia<\/a>","tag_info":"Saudi Arabia","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/42947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42947"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/42947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/media\/42948"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}