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: April 14, 2014
UAE. Arab countries are in the mode of two-speed economies again, with Q1 2014 ending on a bright note in the UAE and Saudi Arabia, and on a sour one in Egypt and Lebanon, according to the latest Macro report from Crédit Agricole Private Banking.
Posted: April 14, 2014
INTERNATIONAL. Sale of several hundred battle tanks likely to be cancelled because of opposition from Social Democrat Economy Minister Sigmar Gabriel, a German newspaper reported.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 11, 2014
INTERNATIONAL. Down 550,000 barrels per day from February on Saudi, Iraqi and Libyan cuts, according to the latest Platts survey of OPEC and oil industry officials and analysts.
Posted: April 11, 2014
SAUDI ARABIA. One-third of the debt is owed to Saudi banks including Al-Rajhi Bank and National Commercial Bank, a third to other Middle Eastern lenders and the rest to global banks.
Posted: April 10, 2014
SAUDI ARABIA. "A Step Ahead" is a program designed to expose Saudi woment to new job opportunities. It targets especially postgraduate students or fresh graduates by encouraging them to become active members of the Saudi workforce.
Posted: April 9, 2014
SAUDI ARABIA. Public offering of National Commercial Bank, the kingdom's largest lender, is expected imminently; Largest share sale in Saudi Arabia in at least 12 years.
Posted: April 9, 2014
SAUDI ARABIA. Six gas turbines, three steam turbines and nine generators; Components for Rabigh 2 IPP to deliver 2,060 MW of generating capacity; Order value approximately US$590 million including service agreement.
Posted: April 9, 2014
SAUDI ARABIA. SABIC remains committed to China and Asia as a partner for sustainable development and inclusive growth; further its investment in this region.
Posted: April 9, 2014
INTERNATIONAL. But despite an expected drop in their current account surpluses, most Gulf Cooperation Council economies continue to have "substantial buffers" to cope with short-lived price shocks, the IMF said in its World Economic Outlook
Posted: April 9, 2014
UAE. Leapfrogging the traditional expansion models, airports in emerging markets are setting a benchmark in the world for airport infrastructure by offering a complete package.
Posted: April 8, 2014
UAE. A recent study by The Boston Consulting Group shows that Middle East banking revenues increased by 10.7% in 2013, whilst profits were up by 10.3%; At an aggregate level, provisions for bad loans grew slightly again, by 2.5%.
Posted: April 2, 2014
SAUDI ARABIA. It is no longer the higher cost of risk but the prospect of further compression in net interest margins--as rising rates loom in the U.S.--that's pushing banks to squeeze higher profits from their balance sheet.
Posted: April 2, 2014
SAUDI ARABIA. Publishing and consultancy firm signs Memorandum of Understanding with Deutsche Securities Saudi Arabia for its forthcoming report.
Posted: March 31, 2014
INTERNATIONAL.The Gulf States' rising trade and investment links with emerging Asian markets increase their economic dependence on global growth and exposure to foreign shocks, say Standard & Poor's economists in a report published today.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 23, 2014
UAE. Managing an internationally mobile workforce can be challenging, particularly as home country and host country laws can be vastly different; Legal compliance with local laws may mean that it is not possible to impose global policies on the workforce.
date:Posted: April 22, 2014
UAE. "Adapt to Survive", a global study by PwC, commissioned by LinkedIn, reveals the economic impact of not having the right people in the right jobs.
date:Posted: April 22, 2014
KUWAIT. For much of the past decade, international companies operating in the major projects sector have found Kuwait a challenging market in which to do business. However, there are good reasons to believe this year will be different.
UAE. Managing an internationally mobile workforce can be challenging, particularly as home country and host country laws can be vastly different; Legal compliance with local laws may mean that it is not possible to impose global policies on the workforce.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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