Financial Services & Banking

SAR 3.323 trillion in circulation

November 2, 2026

Saudi money supply (M3) reached SAR 3.323 trillion at the end of September 2026, up 4.9% in the first nine months, an increase of SAR 155.47 billion from SAR 3.168 trillion at the end of 2025. Year on year it rose 4.76%, according to SAMA data.

Okaz

Steady M3 growth gives banks room to keep lending, so if you are a CFO planning 2027 borrowing, test what your bank will offer before rates move.

Abdulrahman Al Mottahar
|
Partner

Explore more signals

Government & Public Sector
October 21, 2026
7.9%, top of the G20

The Ministry of Investment said Saudi Arabia leads 2027 growth forecasts among G20 countries at 7.9%, based on IMF data for October 2026, ahead of India at 7.0%, Indonesia at 5.1% and China at 4.0%. In the same IMF ranking, the US is forecast at 2.3% and the UK at 1.2%.

Argaam

Leading the G20 at 7.9% strengthens the case for patient capital, so investor-relations heads at Saudi listed companies should anchor their 2027 story to the IMF figure rather than to this month's share prices.

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Abdulrahman Al Mottahar
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Partner
Government & Public Sector
August 24, 2026
Ten billion in Paris

Deals expected to be signed between Saudi and French entities at the Saudi–French Roundtable Investment Meeting in Paris exceed $10 billion, spanning advanced industries, transport and logistics services, artificial intelligence and digital infrastructure. The Crown Prince attended alongside French officials and business leaders.

Okaz

ُhe four named sectors are advanced industries, logistics, AI and digital infrastructure، energy is not among them, which is what a diversification agenda looks like once it reaches the deal table.

Abdulrahman Al Mottahar
|
Partner
Government & Public Sector
September 9, 2026
Confidence at fifty-six seven

Saudi Arabia's Business Confidence Index rose to 56.7 in August from 56.5 in July, holding above the 50-point neutral threshold, according to the General Authority for Statistics. The industrial sector's index climbed to 55.8 and the services index rose to 56.1, after the overall reading dropped to 52.1 in March amid regional tensions and rebounded to 54.5 in April.

Arab News

Finance directors preparing Saudi budgets for next year should interpret the figure 56.7 as an indicator of continued customer spending expectations, while the March value of 52.1 reflects the pace of change in these expectations.

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Osamah Alfadda
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CEO

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