The real estate sector is set for a boost after new legislation allowing banks to offer mortgage products to home buyers was given final approval, a move that should encourage many young Saudis to...
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Economic Update | Saudi Arabia: Introducing mortgages
28 Aug 2012
Economic Update | Saudi Arabia: Rising retail confidence
25 Jul 2012
With strong consumer confidence and a sound economic outlook for the immediate future, Saudi Arabia’s retail sector appears set for a good year of trading. Concerns over rising inflation,...
Economic Update | Saudi Arabia: Getting connected
12 Jul 2012
The information and communications technology (ICT) sector has benefitted from rising smartphone sales and expanding broadband reach, but further growth is contingent on infrastructure, particularly...
Economic Update | Saudi Arabia: Rolling out petrochemicals projects
4 Jun 2012
Saudi Arabia is accelerating efforts to take its industrialisation process to the next level, moving from the processing of feedstocks – particularly hydrocarbons – towards utilising the resulting...
Economic Update | Saudi Arabia: Health benefits
17 May 2012
The Kingdom is launching a massive health care sector spending programme, a priority in a country where population growth, increasing numbers of religious tourists and a rise in lifestyle-associated...
Economic Update | Saudi Arabia: Assuring sustained growth
1 May 2012
Saudi Arabia’s economy, already robust after posting growth of 6.8% last year, seems set for a period of sustained expansion, with state-backed investments and higher-than-projected hydrocarbons...
