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: April 18, 2014
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
Posted: April 17, 2014
UAE. Increase in market share for Jaguar Land Rover across GCC, Levant and Morocco; MENA now 5th largest market for Jaguar and Land Rover globally.
Posted: April 17, 2014
SAUDI ARABIA. Waleed Abulkhair was already on bail for holding unauthorised meetings for reformists when he went to a fifth hearing of his trial at a Riyadh court.
Posted: April 17, 2014
KUWAIT. The Wafra Field is the main oil field in onshore Partition Zone. The Main Gathering Center is a critical hub for oil production.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 15, 2014
SAUDI ARABIA. The US$200,000 challenge will be awarded to four winners at a prize of US$50,000 each, and further investments towards commercialization of the best ideas amongst all submissions will be considered.
Posted: April 15, 2014
SAUDI ARABIA. SMEs to the fore as economic engines; Saudi's most successful SMEs will actively change business models, go-to-market strategies and use technology to level playing field.
Posted: April 15, 2014
INTERNATIONAL. International issuances represented only 16% of total issuances in 2013, of which few originated outside Malaysia and the GCC; When entities domiciled outside these countries have issued sukuk, around 60% of the investors have been from the Middle East and Asia.
Posted: April 15, 2014
UAE. Monthly Arabic business magazine, Saneou Al Hadath, uses mathematical approach to analyse companies listed on the Saudi stock market Tadawul
Posted: April 15, 2014
UAE. 45 Arab billionaires share total wealth of US$147.7 billion; The top 100 hail from 13 Arab countries with Saudi Arabia in the lead; 21 Arab tycoons have made their fortunes in banking.
Posted: April 14, 2014
UAE. The largest IPO value was Mesaieed Petrochemical Holding Company in Qatar raising US$905 million; Oil and gas sector leads with two IPOs.
Posted: April 14, 2014
UAE. Arab countries are in the mode of two-speed economies again, with Q1 2014 ending on a bright note in the UAE and Saudi Arabia, and on a sour one in Egypt and Lebanon, according to the latest Macro report from Crédit Agricole Private Banking.
Posted: April 14, 2014
INTERNATIONAL. Sale of several hundred battle tanks likely to be cancelled because of opposition from Social Democrat Economy Minister Sigmar Gabriel, a German newspaper reported.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
dhgate