Latest articles from Saudi Arabia

The SNB logo atop an office building

Saudi banks reap the benefits of oil and housing booms

April 28, 2023

Credit growth is set to ease in 2023 as the country’s mortgage market cools, while tighter liquidity increases funding costs, writes John Everington.

Mohammed Bin Abdullah Elkuwaiz

Saudi Arabia’s booming capital markets

April 27, 2023

Mohammed Bin Abdullah Elkuwaiz, chairman of Saudi Arabia’s Capital Market Authority, on the surge in local listings, and the regulator’s plans for tokenised and virtual assets.

aramco pipeline

Oil boost complements Saudi Arabia’s economic reform agenda

April 24, 2023

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.

Saudi Arabian banks keep growing

January 3, 2023

Lenders in the region are witnessing an increase in profitability.

Databank 3 January 2023
Saudi econ

Oil surge puts Saudi economy in the black

April 29, 2022

Higher oil prices mean a return to budget surplus, even as investment challenges remain.

Tony Cripps

SABB targets SME growth as economy recovers

April 28, 2022

SABB CEO Tony Cripps talks about the impact of higher interest rates, the bank’s digital ambitions and how it plans to increase its foothold in Saudi Arabia’s retail market.


Saudi lenders set for bumper year as rates rise

April 26, 2022

Further growth in retail mortgages will continue to underpin credit growth for banks as the economy improves. 


Gulf consolidation slows as economic pressures ease

March 1, 2022

Middle Eastern fintechs and neobanks are attracting investment from overseas, as the wave of mega-mergers among the region’s largest lenders grinds to a halt.

Vision 2030 projects drive Saudi loan growth

October 13, 2021

The country’s two largest banks saw gross total loans increase by about 37% between 2016 and 2020.

Screenshot 2021-10-13 at 11.52.28

A new era for GCC digital banking

August 19, 2021

Digital-only banks in the Gulf Co-operation Council are experiencing a boom.

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