COMPANY: Dar Al Arkan (DAAR) is the largest listed real estate developer in Saudi Arabia. Land sale has been the company’s major source of revenue in recent years, though it is working towards diversification by increasing its recurring income stream. The company’s land bank spans Riyadh, Medina,...
As the largest and most liquid bourse in the MENA region, the Saudi Stock Exchange (Tadawul) accounts for around 50% of the GCC equity market, and yet it is one of the most difficult to access for foreign investors (although this is set to change when the market opens up in 2015). Gaining exposure to the nation’s listed firms, many of which...
The guide contains listings of some of the leading hotels and resorts in Saudi Arabia, as well as contact information for key government offices and relevant services. It also features useful tips and information for visitors.
Home to an estimated 15.9% of the world’s proven oil reserves, Saudi Arabia is the single largest economy in the Middle East and North Africa. According to the Ministry of Finance, real GDP grew by 3.8% to $746bn in 2013. While oil income is expected to continue to account for the majority of government revenues for the foreseeable future, the non-oil sector has expanded significantly in recent decades growing 9.3% in 2013.
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