Prime Highlights
- AlKhelaiwi said Saudi Arabia’s market is growing more institutional, sophisticated, and internationally connected.
- The approval connects Saudi investors to opportunities across five continents through Standard Chartered.
Key Facts
- Standard Chartered Capital Saudi Arabia is the bank’s onshore investment and capital markets unit in the Kingdom.
- Vision 2030 is reshaping Saudi financial markets, drawing wider institutional and international investor participation.
Background
Standard Chartered can now run investment management and fund operations inside Saudi Arabia after its Capital Market Authority arm received regulatory approval. The bank said the clearance boosts its ability to serve institutional clients as capital market activity picks up across the Kingdom.
The move adds to what Standard Chartered already runs in Saudi Arabia and the wider region. The bank now has stronger tools to link Saudi clients with investment opportunities across the Middle East, Asia, Europe, the United States, and Africa.
Sarah AlKhelaiwi, CEO and Head of Capital Markets at Standard Chartered Capital Saudi Arabia, said the approval is a significant step in the bank’s growth in the Kingdom and shows its long-term belief in Saudi Arabia’s financial future. She said the market is becoming more institutional and internationally connected, and that cross-border investment activity is rising fast. Expanding fund services, she added, puts the bank in a better position to meet a wider range of client needs.
Saudi Arabia’s markets are pulling in more institutional and international money, pushed along by reforms and rising demand for platforms that combine global standards with local knowledge. Vision 2030 is playing a central role in this shift, deepening the market, widening the investor base, and drawing more regional and global institutions into new asset classes.
Standard Chartered is positioning itself to take a bigger share of this expanding landscape as Saudi Arabia moves toward a more mature and globally connected financial system.
