Saudi Arabia

FEATURED REPORT...
Posted: 03-08-2011
SAUDI ARABIA. CB Richard Ellis released today the latest MarketView for the Kingdom of Saudi Arabia. OVERVIEWKing Abdullah’s recent pledge to spend 30% of the Kingdom’s annual economic output (approximately US$130 billion) on mass housing, job creation and training, unemployment benefits and a raft of other social and economic measures has been welcomed with great enthusiasm. However, as the supply and demand gap continues to widen in the housing sector, affordability remains the key deterrent for home ownership amongst Saudi nationals. Saudi Arabia has the largest re
Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
Posted: November 25, 2014
SAUDI ARABIA. Militants who attacked Shiite Muslim worshippers in Saudi Arabia's oil-rich Eastern Province had links to Islamic State, the official Saudi Press Agency said.
Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
Posted: November 24, 2014
SAUDI ARABIA. Western region produces 50% of Kingdom's petrochemical and plastic products; Saudi Plastics and Petrochem 2015 trade fair offers platform to showcase latest technologies, products and services.
Posted: November 24, 2014
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
Posted: November 22, 2014
INTERNATIONAL. U.S. Secretary of State John Kerry and his Iranian counterpart Mohammad Javad Zarif yesterday reversed plans to leave the Austrian capital for briefings with allies and national leaders.
Posted: November 20, 2014
INTERNATIONAL. There is a high degree of uncertainty over how the Iranian negotiations and the OPEC meeting will play out, but the end of November will be hugely important for energy markets.
Posted: November 20, 2014
INTERNATIONAL. Both countries posted freedom scores of 8.1, according to the annual Economic Freedom of the Arab World report published by the Fraser Institute. Bahrain dropped from first place last year to third place and a score of 8.0 in this year's report, which is based on 2012 data, the most recent available.
Posted: November 19, 2014
INTERNATIONAL. Market debates if Saudis will no longer defend oil prices; Private briefings, long Naimi silence puzzle OPEC experts; Conspiracy theories abound about what Riyadh is up to.
Posted: November 19, 2014
SAUDI ARABIA. Prince Miteb, minister of the National Guard and a son of King Abdullah, arrived in the US this week for talks on Mideast conflicts with President Obama and senior officials.
Posted: November 19, 2014
SAUDI ARABIA. Saudi Arabia is the single-largest food market in the Gulf, accounting for more than 60% of the region's total food consumption.
Posted: November 18, 2014
SAUDI ARABIA. Saudi Arabia will see 1.2 million barrels per day of new refining capacity come online by 2020; New export-orientated Saudi refineries will be competing in a very tight international market.
Posted: November 17, 2014
SAUDI ARABIA. Fawaz Alhokair Group plans to raise US$2 billion from the initial public offering of its Arabian Centres malls unit, surpassing a similar sale by rival Dubai operator Emaar Properties.
Posted: November 17, 2014
SAUDI ARABIA. "The rapprochement reflects the countries' shared concerns of strategic threats in the region," according to Theodore Karasik. "There's been a lot of pressure on Qatar and a lot of behind-the-scenes negotiating, specifically with Kuwait acting as a broker."
Posted: November 14, 2014
INTERNATIONAL. The speech, purported to be in Abu Bakr al-Baghdadi's name, followed contradictory accounts out of Iraq after U.S. air strikes last Friday about whether he was wounded in a raid.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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