Company Insights Jadwa Investment Banking & Finance Jadwa Investment Overview Jadwa Investment is a leading Sharia Compliant Investment Bank in Saudi Arabia and the Gulf, managing and advising on over SAR 70 billion in client assets. Headquartered in Riyadh with three regional offices, Jadwa caters to a diverse clientele, including government entities, institutional investors, family offices and high-net worth individuals. Jadwa is one of Saudi Arabia’s best performing public equity managers and one of the largest private equity investors and manager of listed REITs. It offers Shariah-compliant investment services including asset management, investment banking, research, proprietary investments and equity brokerage. Jadwa was founded in 2006 with a licence from the Capital Market Authority. Its full investment banking operations began in March 2007 with a paid-up capital of 500 million Saudi riyals ($133 million) by a group of prominent industry and business figures in the kingdom. It now manages client assets worth around SAR75 billion ($20 billion) in public equity, private equity, real estate, private credit, fixed income, and money market investments. Companies it has recently bought and invested in include Dubai food and beverage operator Black Spoon Group, Saudi fast-food chain Tikkaway Restaurants and Kuwait’s Gissah Perfumes Company. Jadwa Investment News Analysis Oil & Gas Aramco focuses spending on gas and Jafurah fields Saudi Aramco, the world’s largest oil company by value, has said it is focusing its spending on developing natural gas over oil reserves because of higher returns. The Saudi kingdom, the world’s second-largest oil producer after the US, is developing its gas reserves to supply its petrochemical and fertiliser industries and to power its electricity-generating […] March 7, 2025 Retail Ramadan sharply boosts Saudi consumer spending Saudi consumers increased spending to one of its highest ever weekly levels as they rushed to build up food supplies ahead of the fasting month of Ramadan, local figures show. Consumer spending in the largest Arab economy soared by 35 percent to 17.6 billion riyals ($4.7 billion) in the period February 23 to March 1, […] March 6, 2025 Analysis Oil & Gas Saudi deficit to rise after $40bn loss in Aramco oil dividends A projected 30 percent drop in Saudi Aramco’s oil dividends in 2025 is likely to force the government and state-owned Saudi Public Investment Fund to step up borrowing to fund infrastructure and other projects under the kingdom’s Vision 2030 economic and social strategy, analysts say. The world’s largest oil company intends to cut dividends to […] March 4, 2025 Banking & Finance Turkey, Saudi and other emerging markets take on $4.5trn of debt Emerging markets took on $4.5 trillion of debt last year, according to the Institute of International Finance, and Saudi Arabia and Turkey were among the biggest borrowers. Global debt increased by nearly $7 trillion to $318 trillion in 2024, the highest figure on record, the Washington-based institute said in a report shared with AGBI. Emerging […] February 26, 2025 Editor's Insight Economy Navigating volatility: The impact on GCC economies The optimism is welcome – but it may be misplaced. This week the Riyad Bank Purchasing Managers’ Index in Saudi Arabia hit its highest level in more than 10 years – a significant vote of confidence in the Arab world’s largest economy. There was positive news too on jobs in the kingdom. Employment rose “solidly” last year, […] February 7, 2025 Economy Cash withdrawals in Saudi Arabia rise for first time in 5 years Cash withdrawals in Saudi Arabia in 2024 increased for the first time in five years, helping to underpin a rise in consumer spending, the local advisory company Jadwa Investment has reported. Consumer spending in the largest Arab economy rose by nearly 7.5 percent for the year and the value of point of sale (POS) transactions […] February 4, 2025 Employment Saudi Arabia plans cash pay-offs to cut public sector jobs Saudi Arabia is to offer cash incentives to encourage unproductive employees in the public sector to resign in a bid to tackle inefficiency. Saudi newspapers have reported that the government has earmarked nearly 12.7 billion riyals ($3.38 billion) for the three-year plan, which it dubs the ‘Golden Handshake’. While Riyadh has not clarified why it […] January 13, 2025 Analysis Economy Saudi 2025 fiscal gap forecast could widen further Saudi Arabia has assumed a deficit of nearly $27 billion in its 2025 budget but the actual gap is likely to widen by the end of the year, experts predict. When the world’s largest oil exporter announced the draft budget in September and then endorsed it in late November, it was expecting more oil earnings […] January 2, 2025 Analysis Economy Why Saudi Arabia expects public debt to rise Saudi Arabia expects its public debt to steadily rise in the next three years, despite the massive financial reserves controlled by the central bank and the Public Investment Fund (PIF). Estimates by the Saudi Finance Ministry show that public debt will swell by around SAR375 billion ($100 billion) between the end of 2024 and the […] December 23, 2024 Real Estate Ardco sets up $933m fund to develop Riyadh project The Riyadh Development Company (ArdCo) and three partners have set up a SAR3.5 billion ($933 million) real estate investment fund to develop a mixed-use project in the Saudi capital. The project will include residential, office and commercial spaces, as well as hotels. When built, the towers in the Urban Wadi, part of the Sports Boulevard […] December 17, 2024 Posts navigation 1 2 … 5 Next
Analysis Oil & Gas Aramco focuses spending on gas and Jafurah fields Saudi Aramco, the world’s largest oil company by value, has said it is focusing its spending on developing natural gas over oil reserves because of higher returns. The Saudi kingdom, the world’s second-largest oil producer after the US, is developing its gas reserves to supply its petrochemical and fertiliser industries and to power its electricity-generating […] March 7, 2025
Retail Ramadan sharply boosts Saudi consumer spending Saudi consumers increased spending to one of its highest ever weekly levels as they rushed to build up food supplies ahead of the fasting month of Ramadan, local figures show. Consumer spending in the largest Arab economy soared by 35 percent to 17.6 billion riyals ($4.7 billion) in the period February 23 to March 1, […] March 6, 2025
Analysis Oil & Gas Saudi deficit to rise after $40bn loss in Aramco oil dividends A projected 30 percent drop in Saudi Aramco’s oil dividends in 2025 is likely to force the government and state-owned Saudi Public Investment Fund to step up borrowing to fund infrastructure and other projects under the kingdom’s Vision 2030 economic and social strategy, analysts say. The world’s largest oil company intends to cut dividends to […] March 4, 2025
Banking & Finance Turkey, Saudi and other emerging markets take on $4.5trn of debt Emerging markets took on $4.5 trillion of debt last year, according to the Institute of International Finance, and Saudi Arabia and Turkey were among the biggest borrowers. Global debt increased by nearly $7 trillion to $318 trillion in 2024, the highest figure on record, the Washington-based institute said in a report shared with AGBI. Emerging […] February 26, 2025
Editor's Insight Economy Navigating volatility: The impact on GCC economies The optimism is welcome – but it may be misplaced. This week the Riyad Bank Purchasing Managers’ Index in Saudi Arabia hit its highest level in more than 10 years – a significant vote of confidence in the Arab world’s largest economy. There was positive news too on jobs in the kingdom. Employment rose “solidly” last year, […] February 7, 2025
Economy Cash withdrawals in Saudi Arabia rise for first time in 5 years Cash withdrawals in Saudi Arabia in 2024 increased for the first time in five years, helping to underpin a rise in consumer spending, the local advisory company Jadwa Investment has reported. Consumer spending in the largest Arab economy rose by nearly 7.5 percent for the year and the value of point of sale (POS) transactions […] February 4, 2025
Employment Saudi Arabia plans cash pay-offs to cut public sector jobs Saudi Arabia is to offer cash incentives to encourage unproductive employees in the public sector to resign in a bid to tackle inefficiency. Saudi newspapers have reported that the government has earmarked nearly 12.7 billion riyals ($3.38 billion) for the three-year plan, which it dubs the ‘Golden Handshake’. While Riyadh has not clarified why it […] January 13, 2025
Analysis Economy Saudi 2025 fiscal gap forecast could widen further Saudi Arabia has assumed a deficit of nearly $27 billion in its 2025 budget but the actual gap is likely to widen by the end of the year, experts predict. When the world’s largest oil exporter announced the draft budget in September and then endorsed it in late November, it was expecting more oil earnings […] January 2, 2025
Analysis Economy Why Saudi Arabia expects public debt to rise Saudi Arabia expects its public debt to steadily rise in the next three years, despite the massive financial reserves controlled by the central bank and the Public Investment Fund (PIF). Estimates by the Saudi Finance Ministry show that public debt will swell by around SAR375 billion ($100 billion) between the end of 2024 and the […] December 23, 2024
Real Estate Ardco sets up $933m fund to develop Riyadh project The Riyadh Development Company (ArdCo) and three partners have set up a SAR3.5 billion ($933 million) real estate investment fund to develop a mixed-use project in the Saudi capital. The project will include residential, office and commercial spaces, as well as hotels. When built, the towers in the Urban Wadi, part of the Sports Boulevard […] December 17, 2024
