Mideast Money

How Bankers Are Navigating Saudi Arabia’s $2 Trillion Overhaul

US President Donald Trump and Saudi Arabia’s Crown Prince Mohammed bin Salman during a bilateral meeting in Riyadh, on May 13.
Photographer: Brendan Smialowski/AFP/Getty Images

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By Adveith Nair

June 9, 2025 at 8:50 AM EDT

This article is for subscribers only.

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here.

This week: A $3 billion IPO boom faces challenges, Kuwait’s sovereign wealth fund bets on AI, and a star hedge fund trader eyes expansion in Abu Dhabi. But first, Saudi Arabia’s hurdles are reshaping the Middle East’s financial landscape.