Saudi banks, confident of surviving the crisis-driven lockdown, are speeding up their digital capacity and looking to support clients.
Middle East
Latest articles from Saudi Arabia
Challenging times ahead for Saudi banks
March 31, 2020The oil-dependent country faces a difficult period ahead, but is taking measures to prepare for the coming storm.
Al Rajhi CEO looks to continue diversification drive
November 1, 2019Al Rajhi CEO Stefano Bertamini talks about growth areas at the bank, including high take-up of its mobile app.
Kirill Dmitriev: Russia and Saudi Arabia's mutually beneficial relationship
October 1, 2019Russia and Saudi Arabia have deepened ties stemming from a 2016 agreement on oil, to include partnerships by their respective sovereign wealth funds.
Saudi Arabia's CMA chief looks to keep on pressing for change
May 1, 2019The chairman of Saudi Arabia’s Capital Markets Authority talks to The Banker.
Saudi Arabia celebrates MSCI index inclusion
May 1, 2019The acceptance of Saudi Arabia's stock exchange into the MSCI Emerging Markets Index marks the progress of its capital markets.
Saudi banks prosper as country transitions away from oil
May 1, 2019Saudi Arabia's banks are getting prepared for the transition to a less oil-dependent economy.
Market keeps faith with Saudi commitment to reform
May 1, 2019As Saudi Arabia moves towards its Vision 2030 goals, the business community remains optimistic that reform is inevitable, if slower than hoped.
Banks look to cash in on changing Saudi environment
May 1, 2018Saudi Arabia’s economy is changing as taxes on expat workers fuel an exodus, while the relaxation of driving rules is giving women more employment opportunities. Together with developing sectors such as entertainment and home ownership, this is providing local banks with plenty of opportunities, as James King reports.
How will reforms change Saudi Arabia
May 1, 2018Saudi Arabia is undergoing vast social and economic reforms, aimed at reducing its dependence on oil, providing employment for women and the young, and emerging as a regional capital markets hub. James King looks at the progress being made so far.