Talat Zaki Hafiz

Talat Zaki Hafiz is an economist and financial analyst. Twitter: @TalatHafiz

Latest published

Saudi Arabia on the path to socioeconomic transformation

In a recent TV interview to mark the fifth anniversary of the launch of the Saudi Vision 2030 reform plan, Crown Prince Mohammed bin Salman outlined the achievements of the program in a number of economic and financial sectors, including housing, and tackling unemployment.

May 06, 2021

Saudi Arabia embraces global efforts to go green

During his speech at the recent virtual Leaders’ Summit on Climate, King Salman stressed the importance of achieving sustainable development.

April 29, 2021

Foreign investment is growing in Saudi Arabia despite the pandemic

The Ministry of Investment of Saudi Arabia (MISA) issued 466 foreign investor licenses in the fourth quarter of 2020, the highest number of licenses recorded in a quarter since 2005.

April 22, 2021

Vision 2030: An enduring success story of a nation

April 2021 marks a cornerstone of great achievements for Saudi Arabia’s Vision 2030 program, which was officially launched five years ago this month.

April 15, 2021

M&A benefits to the Saudi banking sector

April 1 will be the first official legal step for the Kingdom’s newest bank, Saudi National Bank (SNB), which was created from the merger of the National Commercial Bank (NCB) and the Samba Financial Group (Samba).

April 01, 2021

Saudi Aramco sailing through the storm caused by pandemic

Last Sunday I was invited, along with a number of columnists and opinion leaders, to attend a phone press conference organized by Saudi Aramco, to share with us the financial results of the company’s fiscal year 2020.

March 24, 2021

Saudi Arabia offers options to commercial concealment violators

Commercial concealment is a disturbing phenomenon for any government because it has a negative impact on the economy and overall business trading conditions. It is also detrimental to society, job creation and the national security of a country.

March 18, 2021

Banking on SAMA’s advice to combat financial crime

The advances in modern communications technology have been incredible, such as high-speed internet, text messaging, social networking sites, WhatsApp, and smartphones. However, where there are pioneers there are also criminals.

March 10, 2021

Monshaat’s new bank will help bridge financing gap for SMEs

The Small and Medium Enterprises Bank aims to bridge the financing gap for the Kingdom’s small business owners and develop innovative new financing solutions for this critical sector.

March 04, 2021