Imminent changes in capital markets and insurance legislation will give the kingdom’s banks the chance to expand their capabilities.

Hopes are high that laws passed, but not yet implemented, will reshape the financial sector and open up business opportunities for banks in the kingdom. By Stephen Timewell in Riyadh.

Saudi Arabia had a bumper year in 2003 and the economic outlook remains good. Jon Marks considers where opportunity lies for both the government and investors.

Dr Nahed Taher discusses the necessity of corporate governance and potential impact of the new Saudi Capital Market Law.

The dismantling of barriers to investment could result in foreign banks playing a bigger role in the economy, writes James Gavin.

Foreign investors are excluded, but Saudis have made fortunes on the fast-rising Saudi Stock Market in the past year, writes Mark Wallace.

Rocketing profit levels in 2003 have given the kingdom’s banks a healthy start to the year. Expectations are high for the growth of financial services.

The Gulf region has become a focus of attention for global project financiers. Saudi Arabia has come late to this, but could yet prove the biggest draw of all, writes Kevin Godier.

Root and branch reform of the Saudi insurance sector beckons rich pickings for underwriters and banks, writes James Gavin.

The Saudi financial sector continues its vibrant growth. Stephen Timewell reports from Riyadh on the players and a new law governing capital markets.