Saudi Arabia, one of the fastest-growing major economies globally, is undergoing a profound transformation, spurred by its Vision 2030 agenda. This is reshaping the corporate landscape in the country, creating challenges and opportunities across sectors.
At S&P Global Ratings, we believe the corporate credit environment in Saudi Arabia is becoming increasingly favorable, underpinned by rising earnings, more accessible funding, leaner balance sheets, and government support. Companies are entering a new growth phase.
Our new article series "From Oil To Opportunity: How Saudi Arabia Is Redefining Its Economy" shines a light on current developments and explores the rapid rise of structured finance in the country. Among others, it gives an overview of emerging asset classes, new deal structures, and other developments that are shaping Saudi Arabia's structured finance market.
To date, we have published five articles on the emergence of structured products in Saudi Arabia and the key challenges associated with their rising popularity. Since its legal and financial frameworks are deeply rooted in Shariah principles, Saudi Arabia is well positioned to become a hub for Shariah-compliant structured products.
The following articles provide insights into the characteristics and credit risks of emerging or unconventional securitization types in Saudi Arabia and include proprietary analysis from our credit analysts. As Saudi Arabia's economy continues to evolve, we will expand this series to reflect new trends and developments.