Latest articles from Saudi Arabia

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.

Alinma

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. 

adcb

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
zand

A new era for GCC digital banking

August 19, 2021

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

Al-Othman_Abdullah

Geidea on the growth of digital-only financial services in the Gulf

July 15, 2021

Abdullah Al-Othman on the prospects for Saudi Arabia’s first digital-only banks.

Saudi Vision 2030

Saudi Arabia’s Vision 2030 still on track

April 26, 2021

Despite a double hit from the pandemic and falling oil prices, the country’s plan to diversify its economy continues apace.

Saudi Al Rajhi

Saudi banks buy into country's plans for change

April 26, 2021

With a new open banking initiative planned, Saudi institutions are ramping up their digital offerings.

saudi markets

Saudi mega-merger symbolises Gulf M&A trend

March 1, 2021

Tie-up between NCB and Samba Financial heralds a second wave of bank consolidation in the region.

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