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: July 15, 2014
SAUDI ARABIA. The appointment of Abdulaziz Al Arifi is part of the firm's continued expansion and reinforcement of its senior management team tasked with leading the firm's new business strategy.
Posted: July 14, 2014
UAE. Dubai and Abu Dhabi ranked 67th and 68th most expensive cities to live, according to Mercer's 2014 Cost of Living Survey; Dubai's ranking soared 23 places from last year's position.
Posted: July 14, 2014
UAE. The industry will see a slowdown in the summer months, however EY report remains positive and predicts strong growth through the rest of 2014.
Posted: July 12, 2014
QATAR. Global spending on energy subsidies totaled US$492 billion in 2011. Middle East and North Africa countries alone accounted for nearly half of that amount, making the burden of subsidies on public resources quite substantial.
Posted: July 11, 2014
INTERNATIONAL. San Francisco's Asian Art Museum to hold exhibition offering audiences a first look at recent archaeological discoveries from the Arabian Peninsula.
Posted: July 11, 2014
SAUDI ARABIA. Saudi Telecom's net cash position has strengthened over the past two years, which could allow it to retain its strong credit ratios even after small and midsize acquisitions.
Posted: July 9, 2014
SAUDI ARABIA. The company has offered on-the-job training opportunities to five Saudi women engineers who will be trained across diverse businesses of the company in the Kingdom
Posted: July 9, 2014
UAE. International residential developers are expected to increase their pipeline significantly as City of London sales continue to grow, says JLL research report.
Posted: July 9, 2014
UAE. Commercial aerospace may be reaching its peak as the "war on costs" continues in defence and new players and technologies enter the industry; Sector driven by continued expansion of Middle East-based carriers which are increasing their scale and scope through massive fleet orders.
Posted: July 9, 2014
SAUDI ARABIA. "The real challenge though, is the relative unfamiliarity with private equity and the hesitancy in many family businesses to bring in an external shareholder."
Posted: July 9, 2014
QATAR. For the first six months of 2014, net profit was QR5.1 billion (US$1.4 billion).
Posted: July 8, 2014
INTERNATIONAL. Growing security requirements in defense, residential and commercial sectors to drive CCTV market in Saudi Arabia over next five years.
Posted: July 8, 2014
SAUDI ARABIA. Citadines Sari Jeddah and Somerset Corniche Jeddah to open in 2015 and 2016 respectively
Posted: July 7, 2014
SAUDI ARABIA. Kingdom initiates a drive to encourage business to invest in farming operations abroad; Exhibitors from 40 countries to showcase latest industry solutions and trends at upcoming edition.
Posted: July 7, 2014
UAE. The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and China. This trend will reshape the global geopolitical landscape according to a Deloitte report.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 30, 2014
SAUDI ARABIA. IMF Executive Board Concludes 2014 Article IV Consultation; Saudi Arabia has supported the global economy through its stabilizing role in the global oil market.
date:Posted: July 30, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date:Posted: July 30, 2014
INTERNATIONAL. S&P opinion "reflects the increasing need for life and health insurance products in those countries as well as some largely underdeveloped personal lines, such as property."
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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