Saudi Women Cruise Streets as Ban on Driving Ends

The video discusses the economic impact of women driving in Saudi Arabia, highlighting the potential for increased automotive sales and the replacement of expat drivers. It explores the fiscal benefits and opportunities for the banking sector, particularly in terms of credit growth. The discussion includes demographic analysis, market potential, and the role of Vision 2030 projects in driving future credit growth.

What is the expected percentage increase in motor sales in Saudi Arabia due to women starting to drive?

• 5%

• 7%

• 4%

• 6%

How many new female drivers are expected to enter the Saudi market?

• 2 to 2.5 million

• 1 million

• 4 million

• 3 million

What is one of the main opportunities for banks with the increase in female drivers?

• Higher interest rates

• Car loans

• Lower provisioning

• Increased savings accounts

What has been missing in the Saudi banking sector that is expected to improve?

• Loan defaults

• Savings rates

• Credit growth

• Interest rates

Which initiative is expected to contribute to credit growth in Saudi Arabia?

• Reduced government spending

• Higher taxes

• Increased oil production

• Vision 2030 projects