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
SAUDI ARABIA. According to The Boston Consulting Group (BCG), today, nearly 10% of Saudi Arabia's Generation Y don't watch TV at all; and, 51% of those in that very age group don't listen to the radio.
SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
INTERNATIONAL. The climate has rarely been so favourable to a resolution of the conflict. The chaos that is sweeping the Middle East has been a game-changer in relation to Israel and the Arab countries.