THE MIDDLE EAST’S

26. The Saudi Investment Bank (SAIB)
Country: Saudi Arabia
CEO: Faisal Al-Omran
Market Value: $5.03 billion
As of September 2024, SAIB served over 927,000 customers across 51 branches in Saudi Arabia. In November 2024, SAIB issued a $750 million USD-denominated additional tier 1 capital sustainable Sukuk. The bank's venture creation platform, SAIB Venture Studio, became operational in 2024 with its first product, the SAIB Travel App. The bank’s total assets grew by 20.5% in 2024 to hit $41.8 billion.