Halfway through the country's Vision 2030 programme, Saudi Arabia has made significant progress in its economic reform programme. Yet efforts to further boost the private sector and attract foreign investment face stiff challenges.
Middle East
Latest articles from Middle East
National Bank of Kuwait remains confident despite weakening oil backdrop
March 29, 2023NBK’s chief executive officer for Kuwait talks about the challenges facing the country’s banking sector, the lender’s international expansion, and digital banking brand Weyay.
Kuwaiti banks reap the rewards of economic boom year
March 27, 2023KFH’s long-trailed acquisition of Bahrain’s AUB has further concentrated banking in the hands of the country’s two largest institutions.
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The Banker Shorts – March 3, 2023
March 6, 2023Your quick guide to the week ending March 3, 2023, on TheBanker.com.
Salik’s road to IPO success
February 28, 2023In its first foray into the market, the sole operator of Dubai’s automated road toll collection system saw its retail tranche 190 times oversubscribed.
Bahraini lenders eye mortgage boost
February 27, 2023Having benefited from high government spending during the pandemic, Bahrain’s banks are looking to the retail sector to support growth in the coming year.
Female-founded private equity fund forges path in the Middle East
February 22, 2023Huda Al-Lawati, founder and CEO of Aliph Capital, the first female-founded private equity fund in the Middle East, speaks to The Banker.
Digitisation can drive a global trade revolution
February 17, 2023This post-pandemic moment is the perfect time to modernise the global trading system, writes UAE minister of state for foreign trade, Thani Al Zeyoudi.
Vibrant tech sector cushions fall in Middle East deals
February 14, 2023Surging sovereign wealth fund coffers sustained Middle East deal-making in 2022, while banking consolidation slowed to a trickle.
Rakbank’s fight to remain competitive with UAE megalenders and neobanks
January 6, 2023Rakbank chief executive Raheel Ahmed talks to John Everington about the outlook for the UAE economy in 2023, the bank's strategy for remaining competitive in a crowded market, and the outlook for the country's neobanks.