An investment Client needed a clear view of Saudi Arabia's economy and key sectors as the Kingdom pursues Vision 2030. We delivered macroeconomic and sector research that separated local drivers from global volatility and assessed credit risk across banking, insurance, REITs and cement.
- Location
- Saudi Arabia
- Sectors
- Multiple
The Brief
The Client asked us to conduct macroeconomic and sector research for Saudi Arabia, covering banking, insurance, real estate investment trusts (REITs) and cement.
The research also needed to evaluate credit risk exposure to recent economic shifts, in line with the diversification goals set out in Vision 2030.
The Obstacle
The Saudi economy shows low correlation with global trends, so standard global models offered limited insight. The work called for a localized analytical approach.
Data was also limited, and incomplete financial disclosures made it harder to draw accurate conclusions about individual sectors and companies.
Our Approach
We analyzed the Kingdom's economic resilience by isolating local drivers from global volatility, giving the Client a view of the forces that actually move the Saudi market.
To bridge gaps in company disclosures, we incorporated government and international data sources, building a fuller evidence base for each sector.
What We Delivered
The engagement delivered an assessment of how the Kingdom's transformation plans affect macroeconomic and credit risk stability across four sectors.
- Sectors covered included banking, insurance, REITs and cement.
- Risk assessment focused on macroeconomic and credit-risk implications.
- Localized analysis with government and international data used to address disclosure gaps.
Our Impact
The research became a valued input for the Client's recurring investment mandates.
It gave the Client a deeper understanding of sector-specific and systemic risks in Saudi Arabia, grounded in local economic realities rather than global assumptions.
