Lending to the government is still a mainstay of domestic banks’ revenue

Banks’ loan books are recovering, but industry analysts say hydrocarbons remain too important

As some apply for licences, political crackdown prompts concern about stability

Political instability imperils the country’s precarious finances

Sovereign wealth fund aims to fill hole left by postponed blockbuster listing

Green light into JPMorgan benchmark would pave way for ‘at least $45bn’ of inflows

Package will aim to create 10,000 jobs to counter slowdown trigged by years of low oil prices

Sanctions will damp European companies’ willingness to do business with Tehran

Anti-corruption crackdown created a ‘better environment for business’

Economic realities threaten to weigh down the kingdom’s pivot away from oil

Government pushes forward plans to boost private sector’s role in its oil-dependent economy

Emerging markets private equity group has come under pressure from investors

Can the kingdom and its reconstruction aid overcome distrust between Islamic sects? 

Strategy shift will give Crown Prince Mohammed bin Salman more control

The kingdom is working on refinancing a $10bn loan before working on a new bond

EM private equity firm seeks to restore confidence after dispute with investors