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
UAE. JLL's Hotels & Hospitality Group has released its 2015 Middle East Hotel Intelligence Reports today for the key markets of Dubai, Abu Dhabi, Doha, Jeddah and Riyadh, at the Arabian Hotel Investment Conference (AHIC) in Dubai.
SAUDI ARABIA. Foreigners will be able to own up to 49% of a single stock and institutional foreign investors with a minimum of 18.75 billion riyals (US$5 billion) under management will be allowed to invest directly in the stock market.
SAUDI ARABIA. Saudi Arabia's government and external balance sheets currently remain strong and provide a buffer to withstand external shocks, including a drop in oil prices; The outlook remains negative, reflecting S&P's view that Saudi Arabia's general government fiscal position is weakening.
SAUDI ARABIA. Since its accession to the WTO in 2005, the Saudi Arabia has embarked on a dual process of opening its markets to foreign companies and regulating its labour market to promote employment for nationals.
SAUDI ARABIA. Frost & Sullivan estimates Saudi Arabia will have a 4% weight in the Morgan Stanley Capital International emerging market index. This implies hundreds of billions of dollars would flow into investments.
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.