Saudi Arabia

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$130 billion) on mass housing, job creation and training, unemployment benefits and a raft of other social and economic measures has been welcomed with great enthusiasm. However, as the supply and demand gap continues to widen in the housing sector, affordability remains the key deterrent for home ownership amongst Saudi nationals. Saudi Arabia has the largest re
Posted: November 12, 2015
UAE. Withholding taxes on payments made to foreign companies increased significantly since MENA countries lowered company tax rates to 10%-15%; Considerations for the introduction of VAT in the GCC and Egypt discussed at the EY MENA Tax Conference in Houston.
Posted: November 11, 2015
UAE. Report released ahead of World Diabetes Day calls for a coherent region-wide approach to tackle the growing diabetes burden.
Posted: November 11, 2015
UAE. MOU continues strong partnership to explore new opportunities together ranging from integrated sensors, weapon systems, civil aviation, and land warfare systems, to cyber.
Posted: November 10, 2015
SAUDI ARABIA. According to Mergermarket, this is a reflection of Saudi demographics; however the total value of Q1-Q3 2015 deals fell 38.1% compared to same period in 2014; Total M&A deal value of US$ 578m in first three quarters.
Posted: November 9, 2015
SAUDI ARABIA. "It is now more than ever, pertinent to discuss trade finance and how this can be leveraged to achieve economic diversification plans in Saudi Arabia."
Posted: November 9, 2015
UAE. Asia becomes the top region for corporate R&D spend as Europe falls behind and North America remains consistent, according to PwC's Strategy& 2015 Global Innovation 1000; The Middle East has only one company listed, Saudi Basic Industries Corporation (SABIC).
Posted: November 7, 2015
SAUDI ARABIA. The international roadshow covers three major financial hubs across three continents; Singapore, London and New York.
Posted: November 6, 2015
SAUDI ARABIA. The Fund's underlying assets included a portfolio of residential villas in Riyadh as well as a portfolio of residential towers in Makkah.
Posted: November 6, 2015
SAUDI ARABIA. The sharp drop in oil prices and the resulting negative swing in Saudi Arabia's fiscal balance will weaken operating conditions in the banking sector; S&P has consequently taken negative rating actions on the eight Saudi banks it rates.
Posted: November 5, 2015
SAUDI ARABIA. Significant contribution in carbon capture and storage through initiatives such as the world's largest CO2 purification plant; Carbon Sequestration Leadership Forum (CSLF) taking place from November 1-5 in Riyadh.
Posted: November 4, 2015
SAUDI ARABIA. Output, new orders and employment all rising at weaker rates; Data for prices provided a further cautionary note, as purchasing costs increased at the sharpest pace since July 2014.
Posted: November 4, 2015
UAE. The appointments reflect the strength of the economic and business climate in the GCC region and Deloitte's commitment to this dynamic market.
Posted: November 3, 2015
SAUDI ARABIA. The agreements with Jubail Chemicals Storage and Services Company will allow for the storage and export of Sadara's liquid products from the Kingdom.
Posted: October 31, 2015
SAUDI ARABIA. S&P expects Saudi Arabia's general government fiscal deficit will increase to 16% of GDP in 2015, from 1.5% in 2014, primarily reflecting the sharp drop in oil prices. Hydrocarbons account for about 80% of fiscal revenues.
Posted: October 30, 2015
UAE. The tourism market in Dubai continues to be dominated by visitors from Saudi Arabia, India and the UK, according to the latest Deloitte and STR Global Report; Dubai's hotel room supply reaches 369 hotels from 233 hotels in 2006.


date:Posted: November 26, 2015
UAE. Legal experts say move will influence oil major investment plans in Iran ahead of the lifting of sanctions; Lawmakers likely to be mindful of "missed opportunities" in Iraq and Lebanon.
date:Posted: November 25, 2015
UAE. EMAAR, Shell, and Emirates lead The LinkedIn InDemand list of the most sought-after employers in the region based on millions of interactions from members; Rather than relying on questionnaires, InDemand measures the actual behaviour of professionals as they explore their career journey.
date:Posted: November 24, 2015
INTERNATIONAL. Commodities still under pressure; Oversupply in the oil market continues to be a concern; Gold consolidating as December rate hike now priced in.
UAE. -3.5% annual rate of change in values at the end of UAE. -3.5% annual rate of change in values at the end of Q3 2015; Rents stabilise with average rents across freehold areas down 3.2%; Transactions creep upwards; Affordability challenges remain.
INTERNATIONAL. Robotics is making this new area of medicine possible. Cary G. Vance, CEO of Hansen Medical Inc., tells The Life Sciences Report about disruptive advances in interventional radiology and Hansen's own revolutionary robotic catheters.
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