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: June 16, 2015
INTERNATIONAL. Output climbed above 31 million b/d, highest since late 2012; Saudi Arabia led the upward charge with a 150,000 b/d-increase to 10.25 million b/ .
Posted: June 15, 2015
UAE. Governments, employers and academic institutions in the MENA region all have a role to play to address labour market inefficiencies, develop national talent, and ultimately drive long-term sustainability into the 21st century and beyond.
Posted: June 15, 2015
SAUDI ARABIA. The reduction in fuel burn per seat and maintenance costs will result in an overall cost reduction by up to 26% compared with the today's long-range A330-300.
Posted: June 15, 2015
EGYPT. Arab tourists increase by 20.9% during the first four months of 2015, according to the Chairman of the Egyptian Tourism Authority; Saudi tourists increase by 69.9 Emiratis 49.8% and Kuwaitis 37.1%.
Posted: June 10, 2015
UAE. Cairo led the region in hospitality performance in Q1 2015, with RevPAR increasing by over 100%; Increasing political stability continues to be main driver for region's hospitality sector.
Posted: June 9, 2015
INTERNATIONAL. Secularism in the Muslim world appears to be in terminal retreat. The two levels of struggle within that world are, at the top, Sunni versus Shiite, and at the base, complex and interacting factions.
Posted: June 9, 2015
UAE. After several years of stabilizing asset quality, declining credit losses, and improving returns, banks in the Gulf are navigating rougher waters, Standard & Poor's said in a report published today.
Posted: June 5, 2015
SAUDI ARABIA. Tech-savvy millennials are having a great impact on the development of real estate in emerging markets, driving the search for new properties online, according to new research from global property portal Lamudi.
Posted: June 1, 2015
SAUDI ARABIA. The reserves, piled up in the past decade due to high crude prices, dropped from US$732 billion at end-2014 to US$683 billion at end-April, Saudi firm Jadwa Research said in a report.
Posted: June 1, 2015
UAE. The forecast for projects planned and underway in the GCC in 2015 is US$172 billion; US$32 billion Al Maktoum International Airport expansion anticipated to be the biggest airport in the world.
Posted: June 1, 2015
UAE. Tara Smyth, Head of Investments for the Middle East at J.P Morgan Private Bank, comments on what to expect with Saudi Arabia upcoming opening markets to foreign investors.
Posted: May 29, 2015
SAUDI ARABIA. The jihadist group claimed a suicide bombing on a Shiite mosque, the second attack on Shiite worshippers in the kingdom in a week.
Posted: May 27, 2015
UAE. The option is currently available on all Hotel, Holiday and Activity bookings to users based in Dubai, Abu Dhabi and Riyadh and will soon be available in other cities in the Middle East.
Posted: May 26, 2015
SAUDI ARABIA. Under the US$$48 million three-year contract, Accenture will provide application development services to Mobily, encompassing end-to-end software development, delivery and implementation across Mobiliy's BSS platforms.
Posted: May 20, 2015
SAUDI ARABIA. The seminar attracts 300 senior governance, risk and compliance professionals from the Kingdom of Saudi Arabia and beyond.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 4, 2015
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
date:Posted: July 2, 2015
UAE. AQR Asset Management Institute hosts inaugural debate on monetary policy impact on global markets; 64% of delegates felt that Quantitative Easing is highly likely to create an asset price bubble - where prices become disconnected from reality.
date:Posted: July 1, 2015
UAE. 53% of employers rank lack of work experience as affecting nationals' employability, with only 30% of GCC students having taken any work experience; According to employers, communication skills (36%) and required skills and qualifications (22%) are further challenges to retention in the private sector.
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
dhgate