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: September 19, 2014
UAE. Saudi IT market set to top US$14 billion by 2017 with government sector fastest-growing industry; More than 500 of Kingdom's organisations set to attend GITEX Technology Week 2014.
Posted: September 19, 2014
SAUDI ARABIA. "Saudi Arabia's return on built assets is relatively low. We also have a huge issue in the quality of the infrastructure we are building in Saudi Arabia."
Posted: September 18, 2014
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
Posted: September 18, 2014
UAE. IT spending by financial institutions in the big four markets of the Middle East and Africa (MEA) - Saudi Arabia, South Africa, the UAE, and Turkey - is set for strong year-on-year growth of 10.8% in 2014, according to IDC.
Posted: September 18, 2014
SAUDI ARABIA. The company will provide conventional & Sharia based corporate finance advisory services to listed and unlisted target clients including HNWI's and institutional and corporate clients.
Posted: September 17, 2014
SAUDI ARABIA. Saudi Arabia's top scholar council, the only body in the country authorized to issue fatwas or Islamic legal opinions, declared that "terrorism is a heinous crime" under Shariah.
Posted: September 16, 2014
SAUDI ARABIA. A total of more than 80 megaprojects each worth at least US$1 billion, are under way or planned for completion by 2030.
Posted: September 15, 2014
INTERNATIONAL. Investors with more than US$8 trillion in aggregate AUM will seek first-hand insights into compelling Middle East and North Africa investment opportunities at face-to-face meetings with C-suite executives from top listed companies in the Arab world.
Posted: September 12, 2014
KUWAIT. A step towards building a regional and global financial direct investment market; The Saudi bourse is the largest in the region with a market capitalization of about US$550 billion.
Posted: September 12, 2014
SAUDI ARABIA. The nation is working on new rules aimed at promoting the local currency bond and sukuk market. The rules are expected to allow foreign investors to buy local currency bonds for the first time and could be published early next year.
Posted: September 11, 2014
INTERNATIONAL. A senior State Department official said: "We may need enhanced basing and overflights ... there's going to be a meeting soon of defense ministers to work on these details."
Posted: September 11, 2014
INTERNATIONAL. The one power that can effectively move against IS in a manner that would appear legitimate to other Muslims is Saudi Arabia; The capture of oil wells in Syria and Iraq has made the group financially self-sufficient. Now it's all or nothing.
Posted: September 11, 2014
UAE. Emirates NBD Wealth Management CIO Review: GCC economic data support equity markets; Interest in the Sukuk market continues; The ECB liquidity boost supports global risk appetite.
Posted: September 11, 2014
SAUDI ARABIA. Leading Saudi investment and development company makes Cityscape Global debut ahead of US$480 million REIT announcement as it looks to partner up on local and regional real estate portfolio development including substantial land bank opportunities.
Posted: September 10, 2014
SAUDI ARABIA. When Saudi Arabia's Grand Mufti Sheikh Abdulaziz Al al-Sheikh described IS and al Qaeda as "kharijites", he was casting them as the ultimate heretics of Muslim history.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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