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 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.
Posted: September 26, 2014
UAE. Regional private wealth will reach US$7.2 trillion by end of 2018, approx. 3.6% of total global wealth; "Some clients are under the mistaken belief that their wealth may be very high to use the services of wealth management experts."
Posted: September 26, 2014
UAE. Leatherworld Middle East brings new opportunities for manufacturers, suppliers as UAE leather imports and exports reach a value of US$2 billion in 2013.
Posted: September 25, 2014
SAUDI ARABIA. A sector with strong growth potential that is underpinned by Saudi Arabia's global leadership position in the petrochemical production field.
Posted: September 25, 2014
INTERNATIONAL. Saudi Arabia and the UAE joined in the strikes by piloted and drone aircraft targeting facilities around al Mayadin, al Hasakah, and Abu Kamal, the U.S. military said.
Posted: September 24, 2014
SAUDI ARABIA. The official Saudi Press Agency (SPA) released photographs of eight airmen it said were involved in Tuesday's US-led operation, carried out with Gulf allies.
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 20, 2014
UAE. "The proposed Amanat IPO is strong evidence of continuing interest in regional and international interest in IPOs in the UAE and the GCC more widely, despite the recent softening in equity markets globally."
date:Posted: October 20, 2014
SAUDI ARABIA. Food and rental inflation accelerate; Jadwa revises its estimates for average annual inflation to 2.8% for 2014, slightly down from 2.9%.
date:Posted: October 20, 2014
UAE. The strengthening economic fundamentals, the amelioration in the risk profile of major regional countries, the governmental implementation of key business-friendly reforms are all stimulating factors for deal generation activity, according to a Bureau van Dijk and MENA Research Partners report.
UAE. The strengthening economic fundamentals, the amelioration in the risk profile of major regional countries, the governmental implementation of key business-friendly reforms are all stimulating factors for deal generation activity, according to a Bureau van Dijk and MENA Research Partners report.
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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