Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Non-Oil Activities
Refer to all other economic activities except oil activities and government services.
Information System
A set of organizational elements that include people, processes, procedures, policies, activities, and technical tools, which are linked together. The purpose is to enter, retrieve, store, analyze and process data and information in its various forms.
Knowledge Production
The process of generating new ideas, research, and innovations to drive economic and social progress.
Engagement
Active participation and interaction among individuals or employees within an organization, which enhances a sense of commitment and loyalty.
Oil Activities
Oil Activities encompass the activities of crude oil, natural gas, and refining activities.
Critical Systems
Systems or networks whose disruption or compromise could adversely affect an organization's operations and national interests.
Economic Revitalization
A process aimed at improving or reinvigorating a stagnating or declining economy, often through investments, job creation, and infrastructure development.
Final Cash Consumption Expenditure of Households
Household spending for direct satisfaction of needs or wants through monetary transactions. It is generally associated with the domestic concept that includes expenditures made by households, regardless of nationality or residence, within the economic territory of the country.
Overspending
The act of exceeding a budget or spending more than what was allocated or planned for a specific period, which can lead to financial difficulties.
Demerger
A type of Demerger where all of the shares in the spun-off entity/new entity to be formed to hold the asset, are distributed on a pro-rata basis to the Listed Company’s shareholders as dividend, resulting in a full separation of the two entities in a single process.
Fixed-Income Security
An investment that provides regular interest payments, such as bonds.
Termination of the Fund
The date on which the Fund ends according to the term or event specified in the Fund’s terms and conditions, including the asset sale phase and the distribution of unit holders’ dues to them.
Other Revenues
Revenues collected by the government from property income, sales of goods and services, fines, penalties, confiscations, and other transfers.
Scorecard
A visual or tabular performance measurement tool used to track and evaluate progress, often using key performance indicators (KPIs).
Local Bank
An institution that has received a license to engage in banking business in accordance with the Laws of the Kingdom.
Control Environment
A set of standards, processes, and activities that provide the basis for carrying out internal control procedures in the entity.
Commissioning Start
On completion of construction, the process of testing to ensure the Private Party has met all preconditions necessary to commence operations.
Commodity
A basic good or raw material used in commerce, interchangeable with other goods of the same type.
Technological Infrastructure
The digital and physical systems that support economic and technological activities.
Visitors
Searches