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AI + Innovation (MENA) 
Logistics (MENA) 
Tas’heel drove growth in United International Holding’s results in 3Q
Gains came largely on the back of Tas'heel's new Shariah-compliant financing options
Banking customers show slightly improved sentiment
Digital channels made up 67% of online conversations
Riyadh national parks open for investments
PLUS: Avana + Oaktree Capital to launch Ezdaher to finance hotels in Saudi
Leno to offer invoice financing + reverse financing to the industrial manufacturing sector
PLUS: Taqa and Jera secure funding for their Saudi JV Najim Cogeneration Company
Where the banking sector stood at the end of 2Q 2024
Personal loans accounted for almost 47% of banking system’s loan book in 2Q
BNPL use continues to pick up in Saudi, UAE
Fintech accounted for 79% of MENA's total venture debt lending in 2023
Gov’t debt is still on a “benign” trajectory, S&P says
Saudi’s debt-to-GDP ratio is expected come at 26% in 2027
Saudi law firms landed four awards in the Chambers Middle East Awards
Kosheim & Associates | AS&H Clifford Chance | Clyde & Co | Salman Al-Sudairi
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