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 18, 2014
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."
Posted: September 18, 2014
UAE. IT spending by financial institutions in the big four markets of the Middle East and Africa (MEA) - Saudi Arabia, South Africa, the UAE, and Turkey - is set for strong year-on-year growth of 10.8% in 2014, according to IDC.
Posted: September 18, 2014
SAUDI ARABIA. The company will provide conventional & Sharia based corporate finance advisory services to listed and unlisted target clients including HNWI's and institutional and corporate clients.
Posted: September 17, 2014
SAUDI ARABIA. Saudi Arabia's top scholar council, the only body in the country authorized to issue fatwas or Islamic legal opinions, declared that "terrorism is a heinous crime" under Shariah.
Posted: September 16, 2014
SAUDI ARABIA. A total of more than 80 megaprojects each worth at least US$1 billion, are under way or planned for completion by 2030.
Posted: September 15, 2014
INTERNATIONAL. Investors with more than US$8 trillion in aggregate AUM will seek first-hand insights into compelling Middle East and North Africa investment opportunities at face-to-face meetings with C-suite executives from top listed companies in the Arab world.
Posted: September 12, 2014
KUWAIT. A step towards building a regional and global financial direct investment market; The Saudi bourse is the largest in the region with a market capitalization of about US$550 billion.
Posted: September 12, 2014
SAUDI ARABIA. The nation is working on new rules aimed at promoting the local currency bond and sukuk market. The rules are expected to allow foreign investors to buy local currency bonds for the first time and could be published early next year.
Posted: September 11, 2014
INTERNATIONAL. A senior State Department official said: "We may need enhanced basing and overflights ... there's going to be a meeting soon of defense ministers to work on these details."
Posted: September 11, 2014
INTERNATIONAL. The one power that can effectively move against IS in a manner that would appear legitimate to other Muslims is Saudi Arabia; The capture of oil wells in Syria and Iraq has made the group financially self-sufficient. Now it's all or nothing.
Posted: September 11, 2014
UAE. Emirates NBD Wealth Management CIO Review: GCC economic data support equity markets; Interest in the Sukuk market continues; The ECB liquidity boost supports global risk appetite.
Posted: September 11, 2014
SAUDI ARABIA. Leading Saudi investment and development company makes Cityscape Global debut ahead of US$480 million REIT announcement as it looks to partner up on local and regional real estate portfolio development including substantial land bank opportunities.
Posted: September 10, 2014
SAUDI ARABIA. When Saudi Arabia's Grand Mufti Sheikh Abdulaziz Al al-Sheikh described IS and al Qaeda as "kharijites", he was casting them as the ultimate heretics of Muslim history.
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."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 30, 2014
IRAQ. The UN estimates land under IS control accounts for as much as 40% of Iraq's annual production of wheat, one of the country's most important food staples alongside barley and rice.
date: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%).
date:Posted: September 29, 2014
UAE. Country assessment ranked at A3 by Coface; 5% growth projected for 2014; Business climate favourable with the new companies' law improving transparency; Debt profile improves, financing needs of GREs continue.
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%).
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