News
Solar Mega-Project To Save Crude For Export
Saudi Arabia's ambitious solar power plan—powered by money from Japan's Softbank—isn't just a money-making exercise given the country's rising electricity demands.
Saudi Arabia
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Features
MENA: Dipping Into Digital
Digital banking, cryptocurrencies, ecommerce and fintech start-ups—2017 was a record year for digital investments in the MENA region. But there’s wide variation between countries.
Features
Mideast Markets Curb Appeal
Following a period of relatively subdued infrastructure and real estate activity, 2017 was a better year in the Middle East; and 2018 should record more improvement. Transport-related projects remain essential to the region’s growth, but the most crucial area remains ...
Features
New Realities, New Technologies
The Middle East is striving to adapt to rapid economic and social change—with some success.
Banking
Samba Financial Group: Practical and Proud
Rania Nashar, CEO of Samba Financial Group, is the first female CEO of a listed commercial bank in Saudi Arabia. She talks about modernization in the kingdom and at the bank, as well as Samba’s role in supporting the reinvention of the national economy.
Country Report
Saudi Arabia’s Half-Court Press
The Saudi kingdom seems to be on a path of radical change, broadening options for women and opening to new sectors, but a ruling-family schism could derail the effort.
News
Saudi Arabia Eyes 35,000 Jobs In Red Sea Tourism Push
The newly anointed heir to the Saudi throne, Crown Prince Mohammed bin Salman is planning a mega tourism project that could possibly contribute 15 billion riyal ($4 billion) to the kingdom’s GDP and create up to 35,000 jobs.
Capital Raising & Corporate Finance
Riyadh Forms Parallel Equity Market
Nomu, a new Saudi equity market, will have lighter listing requirements than Tadawul, deepening the Saudi capital market with an alternative platform.
News
Three Women Rise To The Top Of Saudi Finance
Three women advancing to the top levels of the Saudi Arabian finance sector show the kingdom making progress in improving work opportunities for women.
Country Report
Oil State Fund Invests In Technology
Saudi Arabia's Public Investment Fund (PIF), which is expected to exceed $2 trillionin 2018, is slated to play a major role in diversifying the Saudi economy, with big investments in a technology, healthcare and other sectors.
Country Report
Saudi Arabia: Economic Transformation Takes Shape
With the worst of its financial pressures behind it, Saudi Arabia is forging ahead with its ambitious Vision 2030 development plan to diversify away from oil dependency and stimulate demand.
News
Saudi Prince, “Minister of Everything,” Wields Power Behind Throne
<strong>Saudi Arabia</strong><br />
Known as the Minister of Everything, deputy crown prince Mohammad bin Salman, the favored 30-year-old son of the geriatric king of Saudi Arabia, is a man on a mission.