Digital technologies, such as digital payments or social media, have the potential to boost business growth; however, female entrepreneurs face barriers to digital adoption. EAPGIL partnered with the Finance, Competitiveness, and Innovation Global Practice at the World Bank and the Indonesian...

This assessment of Saudi Arabian Monetary Agency's (SAMA) compliance with the basel committee's core principles for effective banking supervision was conducted by a mission to Saudi Arabia during April 9-20, 2011. The assessment was carried out as part of a Financial Sector Assessment Program...

The regulatory framework for the securities market in Saudi Arabia has significantly developed since the enactment of legislation to regulate the capital markets. The Capital Market Authority (CMA) has made significant progress in establishing its supervision credentials, including issuing...

The present document is the assessment of the systemically important payment systems in the Kingdom of Saudi Arabia (KSA) based on the CPSS Core Principles for Systemically Important Payment Systems (CPSIPS). The document also contains an analysis of some developmental issues related to the...

The capacity of the banking sector to respond to macroeconomic shocks, and regional uncertainties have been strengthened considerably over the past decade. Historically, the operating environment has been volatile as a result o f pervasive dependence on the hydrocarbon sector and swings in...

Good corporate governance ensures that companies use their resources more efficiently, protects minority shareholders, leads to better decision making, and improves relations with workers, creditors, and other stakeholders. It is an important prerequisite for attracting the patient capital...

The Country Opinion Survey in Saudi Arabia assists the World Bank Group (WBG) in better understanding how stakeholders in Saudi Arabia perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private...

This brief describes the results of the labor market module, which tracks changes in employment status, job type, and labor earnings. Job- and earnings-related outcomes are tracked in three periods: (a) in January 2020; (b) at the time of the first lockdowns (March-April 2020), through a series of...

The data used in this brief come from the first round of the World Bank's South Asia COVID-19 Phone Monitoring Survey, which surveyed individuals in the eight South Asia Region (SAR) countries. The survey assessed the short-run impacts of COVID-19 on the labor market, the impacts of income...