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
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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