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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: May 24, 2013
SAUDI ARABIA. New facility will generate opportunities in downstream industries such as building & construction, automotive, electrical, healthcare and appliances.
Posted: May 23, 2013
SAUDI ARABIA. Four-day trade event combines four of KSA's top energy-related trade shows to create ideal business-to-business networking platform.
Posted: May 22, 2013
INTERNATIONAL. The luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, according to a source briefed on the matter.
Posted: May 22, 2013
INTERNATIONAL. Paid media stunt to attack Saudi regulators; Financial backers of the report are unknown; "We see this effort as an attempt by one or more international creditors to distort the history of this dispute."
Posted: May 21, 2013
SAUDI ARABIA. The eight Saudis, a Lebanese and a Turk bring the number of people arrested to 28, the official SPA news agency quoted the spokesman as saying.
Posted: May 21, 2013
SAUDI ARABIA. First compressor control project in the Kingdom for GE's Measurement & Control business; Haradh facility plays key role in Saudi's oil & gas industry.
Posted: May 21, 2013
UAE. Low number of IPOs in GCC due to stricter regulatory measures, lack of liquidity and regional unrest in some MENA countries, according to experts from Deloitte Middle East.
Posted: May 20, 2013
SAUDI ARABIA. In mid-April, an unusual exhibition was held in London, highlighting the role Muslims played in saving Jewish lives during the Holocaust. At the exhibition, people saw love and harmony between people of different faiths.
Posted: May 20, 2013
UAE. The centre of the global petrochemicals industry is moving from West to East; GCC needs to stay ahead of its competitors by being flexible, sustainable and preparing to enter new markets; Africa is "natural backyard".
Posted: May 18, 2013
SAUDI ARABIA. First Boeing 777-300ER delivered to Saudia with three-class cabin configuration; Airline has backlog of 21 Boeing airplanes.
Posted: May 17, 2013
UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.
Posted: May 17, 2013
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
Posted: May 16, 2013
SAUDI ARABIA. Telecom operator denies claims by a software engineer that the company had asked him to build surveillance tools to intercept customers' messages on Twitter and other services.
Posted: May 15, 2013
UAE. The awards evening was a inspirational gathering, stirring budding entrepreneurs to aspire to brilliance and well-established businesses to expand their horizons, collaborate with the best in the region, and win.
Posted: May 14, 2013
INTERNATIONAL. North America will provide 40% of new supplies to 2018 through the development of light, tight oil and oil sands, while the contribution from OPEC will slip to 30%.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 24, 2013
INTERNATIONAL. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.
date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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