Saudi Arabia Archive
Featured Saudi Arabia
Saudis spent USD 4.3 billion on online transactions last year, according to a report by the Arab Advisors Group.
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Featured Saudi Arabia
As the Saudi government steps up efforts to provide quality healthcare to its citizens, the move opens up a massive opportunity for the private sector.
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Saudi Arabia
Abu Dhabi, Dubai and Riyadh are the Middle East's three richest cities, according to a new survey.
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Gulf
More than 8.5 million children in the Arab world remain out of school, presenting a huge socio-economic challenge for regional authorities.
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Featured Saudi Arabia
Profits of Saudi companies exceeded SAR 100 billion (USD 27 billion) for the first time ever last year, according to National Commercial Bank data.
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Egypt & MENA
Saudi Arabia, Egypt and Iraq will be among the world's 30 largest economies by 2028, according to forecasts by a London-based economic consultancy.
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Featured Saudi Arabia
Saudi Arabia may rein in massive public sector spending slightly in 2014, but it will still be enough to keep the non-oil sector humming along and ensure domestic
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Featured Saudi Arabia
Saudi Arabia's labor problems will "cloud" the country's short-term outlook, according to analysts.
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Featured Saudi Arabia
Saudi Arabia lags behind regional and global counterparts in healthcare infrastructure, which presents growth opportunities for the private sector, according to a new report.
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Egypt & MENA
United Arab Emirates and Saudi Arabia emerged as the best countries in the Middle East and North Africa region to do business in.
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Featured Saudi Arabia
Regional investors looking for a safe haven as the US Federal Reserve begins tapering, should look no further than Saudi Arabia.
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Featured Saudi Arabia
Saudi Arabia has one of the world's highest concentrations of large companies, according to McKinsey & Company.
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Featured Saudi Arabia
Attention shifted to construction contracts in the real estate sector in the second quarter of this year after the Saudi authorities pushed ahead to meet their ambitious target
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Featured Saudi Arabia
Saudi Arabia's petrochemicals companies saw their half-yearly earnings collectively decline 3.5% this year, but analysts are expecting an improvement in profits in the second half.
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Featured Saudi Arabia
As the global oil and gas industry turns on its head, Saudi Aramco - the world's largest oil-producing company -- is not sitting still, but tapping into its
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Featured Saudi Arabia
Saudi inflation edged up in July as strong domestic factors pushed prices upwards.
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Featured Saudi Arabia
Saudi Arabia's power needs have taken centre stage in recent years as the kingdom's economy expands and the population rises at a fast clip.
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Featured Saudi Arabia
Under pressure from a resurgent American petrochemicals industry and natural gas shortages at home, major Saudi petrochemicals companies are fighting back with massive expansion plans of their own.
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Featured Saudi Arabia
China's economy is cooling off and that's bad news for Saudi Arabia.
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Oil
Last month, the International Energy Agency's (IEA) executive director Maria van der Hoeven, had some unsolicited advice for OPEC: When they meet next, think long-term strategy.
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Featured Saudi Arabia
News that Saudi Arabia would allow foreign investors to participate in the Tadawul market would give fresh impetus to the market and bring a number ofinternational money managers
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Featured Saudi Arabia
With the Saudi oil sector expected to generate less revenues this year, the non-oil sector will need to step up and carry the burden of generating growth for
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Featured Saudi Arabia
An oil price collapse to USD 90 per barrel could see a 0.4% drop in Saudi GDP, according to estimates by HSBC.
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Featured Qatar
Gulf banks are showing renewed confidence and are hungry for acquisitions, especially as Western banks retreat.
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Featured Saudi Arabia
Despite cuts in its oil output, and the generally nervous economic sentiment globally, the Saudi economy continues to race ahead.
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Featured UAE
A 5.2% correction in the Dubai Financial Market in the month of March took the shine off an otherwise stellar quarter for the emirate and the wider Gulf
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Featured Saudi Arabia
Despite cuts in its oil output, and the generally nervous economic sentiment globally, the Saudi economy continues to race ahead.
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Featured Saudi Arabia
Saudi Arabia is set to build 2.4 million housing units by 2020, but the Kingdom's real estate investment is short by SR400 billion to meet anticipated housing demand.
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Saudi Arabia
China recently replaced the UAE to become the Saudi Arabia's largest exporting market. The Asian giant's share of Saudi exports stood at 15.4%, according to National Commercial Bank
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Egypt
The Middle East tourism industry's progress was cut short by the Arab Spring crisis and it's still reeling from the after shocks that reverberate in countries across the
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Featured Saudi Arabia
OPEC finally acknowledged the very clear and present danger of North American shale oil and gas production.
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Featured Saudi Arabia
Saudi Prince Mohammed Bin Nayef's appointment to the Kingdom's powerful interior ministry job - replacing Prince Ahmad bin Abdel-Aziz Al Saud -- is being seen by many as
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Macroeconomic Data
Tweet mugley / Foter / CC BY-NC-ND More than USD65-billion worth of projects have been awarded in the Middle East North Africa region, according to Citibank Group research.
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Egypt
Middle East states fared poorly in a new edition of a survey that measures their business friendliness. The
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Oil
Saudi Aramco 's decision to proceed with the 400,000 barrels per day Jazan Refinery is part of a trend of turning the Middle East into a beehive of
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Macroeconomic Data
Gulf economies to outpace the rest of the world
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Featured Saudi Arabia
After stellar growth in the past two years, a moderation in oil prices poses stiff challenges for Saudi Arabia in 2013 and beyond.
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Featured Saudi Arabia
An 83.4% jump
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Saudi Arabia
The Saudi banking sector is marching forward, shrugging off global fiscal challenges facing the rest of the world.
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Featured Qatar
More than USD76-billion of bond and sukuk debt is expected to mature by 2014, according to Kuwait Financial Centre ( Markaz ) research.
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Featured Saudi Arabia
The Saudi banking sector put up a strong performance in the first half of the year, driven by higher trading fees, strong lending and non-interest income, especially in
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Featured Saudi Arabia
The Middle East banking sector put up a strong showing in the list of the World's Top 1,000 Banks
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Featured Saudi Arabia
While analysts are focused on the lack of short-term benefits of the new Saudi mortgage law, the Saudi government believes it is the start of a new financial
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Featured Saudi Arabia
Can Saudi Arabia's Tadawul market withstand foreign investor scrutiny? More so than most other regional markets, says Al Rajhi Capital.
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Featured Saudi Arabia
Middle East states are the biggest military spenders in the world as a percentage of their GDP, with Saudi Arabia emerging as the world's eighth biggest spender on
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Macroeconomic Data
The Middle East's natural gas production will be a victim of low prices and lack of focus over the next five years, leading to a slowdown in output,
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Featured Saudi Arabia
The Saudi population is expected to grow by nearly 50% over the next decade. This is both a challenge and an opportunity and key to the government's long-term
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Bahrain
TweetThe timing could not have been more inconvenient. In the week Gulf leaders met to discuss ways to create a more unified group, similar to an ‘EU model’,
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Africa
It's such a waste: enough sunlight reaches the earth in 90 minutes to provide the entire planet's need for one year, according to the International Energy Agency.
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Featured Saudi Arabia
"Perhaps the modern technology, satellite TV and new media, are appropriate environment for the (marginalized)," tweeted Salman Al-Oudah on Tuesday.
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Featured Saudi Arabia
A Jadwa Investment press statement notes that Saudi Arabia's net foreign assets rose by a little more than $100-billion to reach $600-billion by the end of 2011, according
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Egypt
With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
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Markets
With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
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Featured Qatar
Nobody even considered looking at MENA states last year, as news of Arab Spring-related crisis, instability and the Iran conflict dominated the headlines.
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Featured Saudi Arabia
It will be no mean feat to outpace Qatar's amazing GDP growth, but that's exactly what Saudi Arabia is estimated to accomplish in 2012.
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Featured Saudi Arabia
Gulf states are expected to spend USD29-billion over the next two years on their electricity infrastructure, according to ratings agency Moody's Investors Services.
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Featured Saudi Arabia
There is limited upside to the Saudi rally, according to Jadwa Investment, but EFG-Hermes expects a further 15% growth before the end of the year, with a second
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Featured Saudi Arabia
Middle East markets had a phenomenal February. Find out which stocks performed outstandingly well, and which failed to get investors enthused.
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Bahrain
Barclays Capital expects GCC economies to rise 5.4% this year, but Citibank worries that a sudden drop in oil prices could leave the states with a dilemma: whether
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Featured Saudi Arabia
Middle East's 30 richest people collectively lost USD5-billion, according to Forbes data. In all, sixteen billionaires lost part of their fortunes last year. Find out who lost and
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Featured Saudi Arabia
Saudi Arabia is exploring for 100 billions of new barrels to retain its influence in world oil markets.
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Featured Saudi Arabia
Chatham House says OPEC may be heading for a Shia-Sunni split, but it appears to have discounted the group's enduring powers and its resilience despite wars and severe
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Featured Qatar
Which regional companies and countries stand to lose in the event that Iran closes the Strait of Hormuz? Ratings agency Standard & Poor's takes a look
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Featured Qatar
It's a crisis that won't go away. While the region is no stranger to Israelis and Iranians trading insults and threats, Tel Aviv's latest hue and cry over
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Featured Saudi Arabia
Saudi Arabia launched projects worth SAR270-billion last year. No wonder there is a shortage of cement. Expect more shortages as the construction boom kicks off in earnest.
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Featured Qatar
Tweet Thirty-three Middle East banks are among 500 of the world’s most trusted banks, according to a new study. READ MORE HERE
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Featured Saudi Arabia
Unlike the global financial services industry, the Saudi banking sector remains in great shape and it is only expected to go from strength to strength as the government
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Egypt
Close to 500 new hotels - or 496 to be exact - are being built in the Middle East Africa region, according to STR Global, the hospitality consultancy.
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Egypt
Riyadh and Jeddah had a stellar 2010-2011, clocking the second and third highest growth rates in the world according to The Brookings Institution's 2011 Global MetroMonitor.
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Featured Saudi Arabia
While publicly Saudi Arabia may not like Iran's warning that the Kingdom should not make up for lost Tehran oil production, privately the Kingdom won't mind as that
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Macroeconomic Data
TweetJanuary 15, 2012 A year after HSBC released its 2050 report which estimated that Egypt would surpass Saudi Arabia as the largest economy in the Middle East, the
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Featured Saudi Arabia
Spending by the Kingdom of Saudi Arabia in 2012 will likely be higher than budgeted, but the country will still run a fiscal surplus of 4% of GDP,
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Featured Qatar
Opec countries will rake in $900-billion this year. But these outstanding figures mask great turmoil facing group members in the next few
years.
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Bahrain
In the first part of the 2012 regional economic prospects, a look at oil-rich countries' efforts to manage their citizens' expectations, economic slowdown and regional and domestic political
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Egypt
In October this year, $16.9bn of projects were awarded across MENA. On a cumulative basis, just over $82bn of projects have been awarded across the region in the
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Featured Qatar
Qatar had the highest nominal GDP (US$) per capita at PPP in 2010 among the 25 RGMs and has also been the fastest growing economy over the last
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Featured Qatar
While their global counterparts slash and burn, Gulf banks are collectively set for their best year - ever -- according to KAMCO.
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Featured Qatar
Tweet whsaito /Foter Muscat-based United Securities has turned cautiously optimistic on the recent developments by global markets to contain the debt crises and on the back of better than
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Bahrain
Standard & Poor's Ratings Services said today that issuers in the Gulf Cooperation Council (GCC) countries face rising refinancing risks over the next three years because the amount
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Featured Saudi Arabia
Read the ten major forecasts from Opec's latest World Oil Outlook, ranging from the challenges and prospects for oil developers to the intense competition they will face over
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Featured Saudi Arabia
Saudi King Abdullah Bin Abdulaziz is the sixth most powerful Arab in the world, according to Forbes list of 70 Most Powerful People. Who else from the MidEast
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Featured Saudi Arabia
Saudi Prince Nayef has to contend with a number of challenges as he takes over as the Crown Prince of the Kingdom, from trouble on his eastern and
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Featured Saudi Arabia
The allegations against two Iranians soliciting a Mexican drug cartel to assasinate the Saudi Ambassador to the United States has been received with widespread skepticism
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Featured Saudi Arabia
The alleged involvement of Iranians in a plot to kill the Saudi ambassador in the United States adds another layer of uncertainty in the region and escalation of
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Macroeconomic Data
"As per the Economic Cycle Research Institute (ECRI), the U.S. economy has already entered a new recession and it is going to get a lot worse."
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Featured Saudi Arabia
The Saudi real estate sector has not exactly gone gangbusters. When the Saudi King Abdullah Bin Abdulaziz Al Saud announced in March a number of measures to stimulate
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Featured Saudi Arabia
While the new Saudi nationalisation programme has great merits, the state's coddling of public sector employees means the private sector is finding it hard to attract
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Featured Qatar
The EU and the US economies are not the only headaches for Middle East economies. China's faltering economy could also hurt the region's growth prospects
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Oil
The Arab Petroleum Investment Corporation (Apicorp) expects MENA energy capital investment to reach $525-billion over the next five years
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Bahrain
Middle East retail rents staganted in the 2010/11 period which ended in June, according to research consultants Cushman & Wakefield (C&W;).
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Bahrain
The UAE which is more aligned than other regional states to global economic cycles, saw its PMI fall from 57.5 in April to 51.0 in July, suggesting
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Qatar
A Booz Allen Hamilton report surveys 415 young nationals aged 15 to 24 in Saudi Arabia, the UAE, and Qatar to get a sample of what the youth
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Saudi Arabia
King Abdullah Bin Abdulaziz Al Saud, widely known as a reformer in Saudi Arabia, took another bold step in Saudi Arabia by allowing women to compete and vote
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Islamic Finance
I was at two recent conferences, OIC Member States’ Stock Exchange Forum 5th Meeting in Istanbul, Turkey, and SWIFT’s SIBOS massive event in Toronto, and, folks, we have
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Macroeconomic Data
With the ongoing rebound in economic activity, a question that emerges is whether inflation will increase again as it did in 2007–08 when the annual increase in consumer
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Bahrain
TweetThe MENA region has a shortage of 3.5 million affordable dwellings, with Egypt, Iraq, Morocco and Saudi Arabia suffering from the biggest shortfalls. For all the boom (and
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Bahrain
Could the Arab Spring have been predicted? More significant, could we have predicted that Saudi Arabia will remain stable throughout the turmoil? Or even where Bin Laden was
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Macroeconomic Data
Robust and timely support from the Gulf central banks have made the region's key financial institutions secure and safe powerhouses
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Bahrain
Gulf states have pledged $150-billion in response to the regional unrest, according to Bank of America Merrill Lynch estimates. But it may not be enough
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Bahrain
Lebanon's Riad Salameh is ranked as one of the world's best central bankers. But which Mideast bank governor fares worse than Ben Bernanke and Jean-Claude Trichet? Surprising answer
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