Saudi's Booming Economy - The Banker


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Performance rises higher

Another bumper year for the Saudi economy in 2004 included dynamic growth in non-oil private sectors, such as telecoms. And banks are beginning to benefit from growing capital markets activity, as Stephen Timewell reports from Riyadh.

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Good story continues

Hamad al-Sayari , governor of the Saudi Arabian Monetary Agency, discusses Saudi Arabia’s booming economy with Stephen Timewell in Riyadh.

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Prosperous life

Eisa Al-Eisa: vision is coming to fruition

Samba managing director and CEO Eisa Al-Eisa has steered the bank into a strong position since the departure of Citigroup.

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New dynamics bolster banking

Talal Al Qudaibi, CEO of Riyad Bank

Stephen Timewell looks behind the booming profits in the Saudi banking sector at the factors that are driving growth and the new product lines that are beginning to come onto the market.

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Catalyst for investment

Jammaz Al-Suhaimi, CMA chairman

Activity has increased in capital markets since the Capital Market Authority was set up last year. International investment banks are now lining up for a piece of the action. Stephen Timewell reports from Riyadh.

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