Saudi Economic Outlook 2013

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Saudi Economic Outlook 2013(0)

: Bakar_88 / Foter / CC BY-NC-SA

After stellar growth in the past two years, a moderation in oil prices poses stiff challenges for Saudi Arabia in 2013 and beyond.

Saudi economic growth is expected to moderate in 2013 as the global economic slowdown continues to fester and erase some of the exuberance of emerging economies. CONTINUE READING

Saudi mortgage law effect(0)

Saudi real estate and mortgage lending jumped 83.4% in the second quarter year-on-year in anticipation of the new mortgage law coming into effect, according to EFG-Hermes data. READ MORE HERE

Saudi Banks: 13 Key Trends(0)

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 the second quarter. CONTINUE READING

Middle East’s top banks(0)

The Middle East banking sector put up a strong showing in the list of the World’s Top 1,000 Banks. READ MORE HERE

New Saudi Mortgage Law: An Analysis(0)

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 sector. It is also a golden opportunity for average Saudis to create long-term wealth…. CONTINUE READING

Is Saudi Tadawul Ready For Foreign Funds?(0)

Can Saudi Arabia’s Tadawul market withstand foreign investor scrutiny? More so than most other regional markets, says Al Rajhi Capital. CONTINUE READING

Saudi Arabia Among World’s Largest Arms Spenders(0)

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 arms in dollar terms last year, according to SIPRI…. CONTINUE READING

Saudi demographic challenge(0)

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 development plans, say Standard Chartered Bank analysts…. READ MORE HERE

9 key points from the GCC Summit(0)

The 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’, European Union leaders were struggling to keep their group united amid an unravelling economic and political crisis. READ MORE HERE

$17-Bn MENA Solar Power Projects to Fire Up Renewables Drive(0)

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. READ MORE HERE