With instability in neighbouring countries a growing concern, what is being done to ensure that the Kingdom’s borders are secure?
With instability in neighbouring countries a growing concern, what is being done to ensure that the Kingdom’s borders are secure?
How do Saudi Arabia’s economic cities differ from other economic zones in the MENA region?
Of all the industrial and commercial sectors that Saudi Arabia is targeting for development as part of its shift towards a knowledge-based economy, defence is one in which it is particularly well placed to become a global leader. Already the world’s third-biggest defence spender, according to the International Institute for Strategic Studies,...
Project insurance is nothing new in Saudi Arabia: the insurance market in its modern form emerged in the 1970s, when foreign insurers, brokers and agents opened branches in the country to provide coverage for the spike in construction projects caused by the oil boom of that era. Over successive decades these firms expanded their business to...
Given the extensive losses many insurance companies have suffered over the last few years, what changes to the regulatory framework are needed?
While the rapid development of the global Islamic banking sector has generated plenty of media headlines in recent years, the growth of the takaful industry has attracted comparatively less attention. There are several reasons that can go some way to explain the relatively unheralded expansion of the world’s sharia-compliant insurers. For...
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