Saudi Commerce Ministry Pushes Timely Financial Filings to Boost Investor Confidence

Commerce Ministry stresses timely financial filing to boost business efficiency, investor confidence

RIYADH — The Ministry of Commerce emphasized the importance of commitment on the part of companies to prepare and file promptly their financial statements. It noted that this would be instrumental in producing positive impact on enhancing administrative performance, increasing transparency, strengthening the confidence of investors, shareholders, creditors, and banks, apart from enabling regulatory bodies to perform their roles effectively.According to the Companies Law, responsibility for pr...

By Saudi Gazette report