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 20, 2014
SAUDI ARABIA. JLL has just released its Q3 2014 Riyadh and Jeddah Real Estate Market Overview reports that asses the latest trends in Saudi Arabia's two largest cities.
Posted: October 16, 2014
UAE. Dubai shares headed for the biggest weekly slump since December 2008 as oil extended its drop and on concern global growth may slow. Stocks in Saudi Arabia tumbled.
Posted: October 15, 2014
UAE. New ventures report shows spending will double this year across the region, with a focus on five areas: rail, roads, airports, ports and free trade zones.
Posted: October 14, 2014
SAUDI ARABIA. Company awarded subcontract to handle geotechnical and geophysical works on Riyadh Metro Lines 1 and 2.
Posted: October 14, 2014
SAUDI ARABIA. The pharma industry has grown from US$3-US$4 billion from 2008-2013; Healthcare budget as a percentage of GDP has increased from 3.4% to 4.9% over the same period; Physical penetration of international players and gradual shift towards low-cost genetics changing landscape.
Posted: October 13, 2014
UAE. Bourses in the region posted their biggest losses in years on Sunday as global markets' decline at the end of last week served as a trigger for aggressive profit-taking.
Posted: October 13, 2014
UAE. Market share will likely keep increasing within a supportive operating environment; S&P estimates market share is nearing 25% of overall GCC banking system assets and that it could edge closer to 30% over the next 5-6 years; Qatar, Saudi Arabia, and the UAE offer the brightest growth opportunities.
Posted: October 13, 2014
UAE. EY launches the "Growth drivers" report which identifies the four biggest drivers of policy; Governments are increasingly viewing entrepreneurship and SME development as a solution to youth unemployment and sustainable economic growth
Posted: October 10, 2014
INTERNATIONAL. The decrease came a week after Saudi Arabia, the world's largest oil exporter, reduced the price of Arab Light crude for Asia to the lowest since December 2008.
Posted: October 9, 2014
UAE. IT spending by manufacturers in the three core manufacturing countries of the Middle East and Africa - Turkey, Saudi Arabia, and South Africa - is set to grow almost 40% over the next five years.
Posted: October 9, 2014
INTERNATIONAL. Brent is below the US$95-to-US$110 range endorsed by Saudi Oil Minister Ali Al-Naimi, ensuring the country will curb output, analysts said.
Posted: October 8, 2014
INTERNATIONAL. As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.
Posted: October 6, 2014
UAE. Ventures ME report reveals the huge investment being made across the region in the school, college and university building sector.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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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