Cover Story

Real estate review: How is the Saudi market handling 2017?

In August the Ministry of Housing launched the Saudi Real Estate Institute, part of the National Transformation Plan 2020, with cooperation from leading local and international partners and academic institutions as well as domestic real estate....


News Briefs

News Brief

A summary of all the latest Islamic finance news in the Kingdom and from around the world with a direct impact on the Saudi Arabia market.


Debt Capital Markets

Sovereign strength swells state coffers

The Saudi sovereign returned to the domestic market in August for the second time in four weeks, with a sophomore issuance that not only swelled state coffers but reasserted confidence in the strong liquidity of the Sukuk market. Subsequent moves...


Equity Capital Markets

New banks enter on equity strength; Tadawul bank partnership boosts retail investment opportunities

It has been a relatively calm month for Saudi’s equity market, with a slight dip in the first week of August recovering to see a steady climb to finish 0.7% up as of the 27th August. However, with a stable oil price finishing the month at over US...


Insurance

Saudi insurance firms go from strength to strength, even as pressure mounts on regional players

The first half of 2017 saw positive performance from Saudi insurance firms, with 25 companies seeing profit compared to just five suffering losses, according to the latest data from the Saudi Arabian Monetary Authority (SAMA). The 25 firms account...


Banking

Islamic banks benefit as profits are squeezed by reduced public spending

Retail banking and Islamic mandates are proving to be key strengths in the current climate for banking in Saudi Arabia, as corporate activities come under pressure from tightened lending, lower fees and muted credit growth. With Saudi’s banking...


Project Finance

Chinese agreements could push new opportunities for Islamic project funding

A new US$20 billion joint investment fund between Saudi Arabia and China was announced by Saudi energy minister Khalid Al-Falih on the 24th August, in a bid to boost both Saudi Arabia’s Vision 2030 and China’s One Belt One Road (OBOR) project....


Sponsored Contribution

Saudi Arabia Represents Significant Opportunity

Vision 2030, Saudi Arabia’s economic reform initiative, has garnered much attention – locally, regionally and internationally, and for understandable reason. The Saudi economy is the largest in the Arab world by some margin. Saudi Arabia has...