The decision by Saudi Arabia's Crown Prince Mohammed bin Salman to launch the country's ambitious and generational transformation program to wean the Kingdom away from oil under the Vision 2030 plan in 2016 was also an important milestone for Saudi Aramco. The Vision places an important role for...

The book examines in depth, the centrality of the Saudi fixed currency regime to the US dollar, SAMA's monetary tools, macro prudential policies and its supervision of the Saudi commercial banking sector and new sectors such as insurance, the emerging Fin Tech industry as well as a closer...

Chapter 1. Evolution of SAMA’s role and monetary and macro prudential policies -- Chapter 2. The Saudi banking sector: from Saudization to Liberalization and its role in economic development -- Chapter 3. The Saudi Capital Market: coming of age -- Chapter 4. Unfinished business challenges...

In this book, the author develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. He offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO

The term ‘wasta’ stems from the Arabic root for ‘middle’ or ‘medium' and describes the phenomenon of using ‘connections’ to find job, government services or other favors to circumvent bureaucracy or bypass the system as a whole. The effects of ‘wasta’ may be both positive or...

MOHAMED A. RAMADY SAUDI ARAMCO 2030: POST IPO CHALLENGES The decision by Saudi Arabia’s Crown Prince Mohammed bin Salman to launch the country’s ambitious and generational transformation program to wean the Kingdom away from oil under the Vision 2030 plan in 2016 was also an important...

Dedication -- Acknowledgements -- Contributors -- Overview -- Mohamed A. Ramady -- Part 1 Regional Structural Reforms and Engines of Change -- 1 Working for a Sustainable GCC Future: Reflections on Policies and Practices, Nabil Sultan -- 2 Deepening the GCC Debt Market: The Saudi Arabia...

The Setting -- Overview -- The Development Process -- Reforms and Economic Planning -- Public Finance -- The Financial Sector -- Saudi Arabian Monetary Agency (SAMA) and Monetary Policy -- The Financial Markets -- The Saudi Capital Market -- The Domestic Sector -- The Private Sector:...