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 10, 2014
BAHRAIN. "Bahrain, which is working to find its feet following the global downturn and national tensions, will receive a tremendous boost from improved connectivity with the rest of the GCC."
Posted: September 10, 2014
SAUDI ARABIA. "We are determined to make this settlement process work, and the formal establishment of the steering committee is a key step in advancing the negotiations with these [financial institutions with claims against the company] institutions."
Posted: September 10, 2014
UAE. The benefits of insurance are much more widely recognized in Malaysia than in the GCC region; Social and religious structures in the GCC countries have inhibited the use of insurance as a risk management tool, meaning that demand is largely driven by compulsory covers.
Posted: September 10, 2014
SAUDI ARABIA. Solar thought leader Jeremy Leggett to be a keynote speaker at the "Desert Solar in Saudi Arabia" conference 17 & 18 September, Riyadh.
Posted: September 9, 2014
UAE. Takaful industry globally expected to reach US$20 billion by 2017; Saudi Arabia accounts for 77% of GCC takaful contribution and almost half of global takaful contribution.
Posted: September 9, 2014
SAUDI ARABIA. The "Jadwa Saudi Equity Fund" uses a multi-strategy approach to achieve long-term capital growth.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: September 9, 2014
SAUDI ARABIA. Saudi Arabia is set to remain the Middle East's largest projects market for the foreseeable future, comfortably ahead of the UAE, the region's second largest market, as the kingdom focuses on job creation and the diversification of its economy.
Posted: September 8, 2014
SAUDI ARABIA. Hydrocarbon revenues in KSA and Kuwait make up to 90% plus of total revenues; Leading GCC economies remain susceptible to fluctuations in global energy prices, according to Alkhabeer Capital latest report.
Posted: September 6, 2014
KUWAIT. Islamic microfinance plays a prominent role in supporting the utilisation for financial services; Financial inclusion plays a critically important role in poverty reduction, reducing income disparities and increasing economic growth.
Posted: September 4, 2014
SAUDI ARABIA. Saudi Arabia looks to offset diesel with off-grid and hybrid solar solutions; Local developers and suppliers gear up to power remote residential and industrial areas.
Posted: September 4, 2014
UAE. UAE hosts 7 phishing URLs, highest in the region; 80% OF business users unable to detect scams; Finance and HR departments, which hold sensitive data, performed worst.
Posted: September 4, 2014
SAUDI ARABIA. The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009.
Posted: September 3, 2014
SAUDI ARABIA. Saudi Arabia's insurance regulator, SAMA, has largely succeeded in stopping the local insurance price war of 2012-2013; S&P expects the sector's main players to maintain the technical profitability they have already regained in 2014.
Posted: September 3, 2014
SAUDI ARABIA. Leading Saudi mobile operator Mobily launches ventures fund to invest in emerging technology startups.

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.
dhgate