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84% of Saudi Arabian financial institutions plan investments to modernize within 12 months
Reading Time 3 minutes

A new study by Stitch finds that fragmented systems and outdated infrastructure are holding back financial innovation across Saudi Arabia and the UAE — even as the region’s digital banking market accelerates. With 84% of Saudi banks planning to modernize their technology within 12 months, the shift toward unified platforms is becoming a necessity, not a choice.

Clock22/01/2026
UAE’s Mashreqbank raises $500mln via 5-year bond

Mashreq bank raised $500 million through a five-year bond, attracting orders exceeding $925 million.

Saudi business confidence climbs to 56.7 points on industry, services gains

Saudi Arabia’s Business Confidence Index rose to 56.7 points in August 2026, supported by stronger optimism across the industry and services sectors.

The Stock Market’s Breezy Summer Is Over. Investors Beware.

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

Arab National Bank prices $750mln PNC5.5 AT1 sukuk
Reading Time < 1 minute

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Clock03/09/2026
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