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: October 13, 2014
UAE. EY launches the "Growth drivers" report which identifies the four biggest drivers of policy; Governments are increasingly viewing entrepreneurship and SME development as a solution to youth unemployment and sustainable economic growth
Posted: October 10, 2014
INTERNATIONAL. The decrease came a week after Saudi Arabia, the world's largest oil exporter, reduced the price of Arab Light crude for Asia to the lowest since December 2008.
Posted: October 9, 2014
UAE. IT spending by manufacturers in the three core manufacturing countries of the Middle East and Africa - Turkey, Saudi Arabia, and South Africa - is set to grow almost 40% over the next five years.
Posted: October 9, 2014
INTERNATIONAL. Brent is below the US$95-to-US$110 range endorsed by Saudi Oil Minister Ali Al-Naimi, ensuring the country will curb output, analysts said.
Posted: October 8, 2014
INTERNATIONAL. As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.
Posted: October 6, 2014
UAE. Ventures ME report reveals the huge investment being made across the region in the school, college and university building sector.
Posted: October 3, 2014
SAUDI ARABIA. The annual Muslim hajj by close to two million believers from around the world reached its zenith on a vast plain in western Saudi Arabia Friday.
Posted: October 3, 2014
INTERNATIONAL. Sharp cuts in Saudi Arabia's oil sale price to Asian customers came as the clearest sign yet that the world's largest exporter is trying to compete for crude market share.
Posted: October 3, 2014
INTERNATIONAL. The double-decker flagship, known for first-class suites and deep-pile carpets sees a new life as a pilgrimage shuttle that may help revive flagging sales of the superjumbo.
Posted: October 2, 2014
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
Posted: September 30, 2014
SAUDI ARABIA. Regional mobile telecommunications group Virgin Mobile Middle East & Africa has launched the first Mobile Virtual Network Operator operation in Saudi Arabia.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 30, 2014
SAUDI ARABIA. Ashmore, with about US$122 billion of assets under management, is opening an office in Riyadh to serve as a hub for the region, according to people with knowledge of the matter.
Posted: September 29, 2014
SAUDI ARABIA. Acquisition as part of Alkhabeer's SME Private Equity Strategy; Asset management firm continues to expand its focus on new investment strategies in the region.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 23, 2014
UAE. Deflationary reading of data endangers risky assets; Global cues drive GCC markets; Growth scare unsettles investors; Extreme bearishness on oil may be overdone.
date:Posted: October 23, 2014
SAUDI ARABIA. The 2014 study - which outlines the top priorities that concern young Saudis - is key to helping policymakers and business leaders design initiatives targeted at improving the lives of the Kingdom's current and future generations.
date:Posted: October 22, 2014
UAE. 47% of Middle Eastern respondents indicated that they are considering a proactive shareholder engagement policy which can open and sustain a productive dialogue with investors.
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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