Speakers at a workshop titled “Your International Ambassador in Business Transactions,” organized by the Riyadh Chamber of Commerce in collaboration with Bayan Credit Information Company, revealed that the Bayan portal allows users to search for information on more than 200 million companies worldwide, and to assess the commercial, financial, and legal credit status of those companies through official global sources, as well as to compare them to credit averages in the global market. The service is available by visiting the Riyadh Chamber’s customer service office or by registering at on Bayan’s website (real estate companies)
. During the meeting, which was attended by a group of individuals interested in credit matters, owners of small and medium-sized enterprises, and representatives of commercial companies in the Kingdom, Talal Al-Shehri, Director of Business Development at Bayan Credit Information Company, emphasized that well-considered and analyzed credit decisions and transactions are a vital and necessary element for enhancing the reliability of economic entities, as they provide reliable information to the decision-maker, noting that credit information—which informs decisions regarding dealings with business partners and the conclusion of transactions—creates an environment where risk is significantly reduced and enhances the reliability of credit-based transactions between small and medium-sized enterprises.
Al-Shahri said: "The company, which is one of the first in the region to offer commercial credit services, operates under a credit information system and provides its services exclusively to companies within the Kingdom," noting that if a small business demonstrates sound financial performance and establishes a credit history, it becomes eligible to obtain bank financing more quickly.
The workshop discussed how to extend credit and assess customers and their risks, as well as the company’s role in providing credit services to companies across all five continents, including assessing the credit status of current and prospective customers, as well as the company’s role in assessing the commercial, financial, and legal creditworthiness of international clients, and the role of Bayan’s indicators in comparing Saudi companies across commercial sectors with their counterparts in the industry.
Here are some links to news and reports Issue No. 184 of Amlak Real Estate Newspaper
Global Companies – Real Estate Projects – Investment Opportunities – Real Estate – Real Estate Development – Construction – Real Estate in Makkah
Editor-in-Chief Abdulaziz Al-Issa Explains the Story Behind the Amlak Real Estate Newspaper Logo
Kafalah Program and "BYAC" Sign Agreement to Fund Tech Startups
Ministry of Justice Adds Online Service to Inquire About Real Estate Deed Details
The "Sakani" program adds 6 housing projects providing approximately 3,028 free plots of land
Housing Program Continues to Deliver Ready-to-Move-In Villas in a Number of Ministry Projects
Based on four main criteria...
The General Real Estate Authority Begins Classifying Real Estate Brokerage Firms and Agencies
The "Etmam" Real Estate Developer Services Center Approved 37 Plans Last October
Ministry of Housing Exceeds 2019 Target by More Than 208,000 Beneficiaries of Financing Solutions
Real Estate Companies
Forum (Riyadh: The Sustainable City) Discusses the Impact of Major Landmark Projects in the City
Itqan Real Estate announces that it is ready to launch the "Jawharat Al-Hazm" project in Riyadh soon
Real Estate Companies


