Over the past decade Saudi Arabia’s insurance industry has become an important contributor to the Kingdom’s economy. In 2011 the sector brought in gross written premiums (GWPs) of SR18.5bn ($4.93bn), up nearly 13% from SR16.4bn ($4.37bn) the previous year, according to official data from the Saudi Arabian Monetary Agency (SAMA...
The Middle East
Displaying 6943 - 6948 of 9143
Articles & Analysis | Towards maturity: Increased awareness among the growing population has the potential to help boost revenues from The Report: Saudi Arabia 2013
Articles & Analysis | Powering up: Looking at new ways to improve efficiency and sustainability from The Report: Saudi Arabia 2013
Investment is being poured into expansions and capacity upgrades across the sector, with around SR500bn ($133.25bn) to flow into the electricity and water segments in the coming decade. Saudi Arabia has ambitious plans to build up renewable electricity generation capacity, in particular solar power, to address rapidly rising...
Interviews & Viewpoints | OBG talks to Peter Voser, Global CEO, Shell from The Report: Saudi Arabia 2013
Given shifting energy demand, how do you foresee the relationship between international and national oil companies evolving in the future?
Interviews & Viewpoints | Dr Metaib Al Rawqi, CEO, Weqaya Insurance, on the changing picture of the Kingdom’s insurance industry from The Report: Saudi Arabia 2013
After years of steady growth, and a phenomenal recent double-digit surge, the Saudi insurance market is demonstrating signs that it is entering a transitional phase. This has yielded an increase in the number of insurance companies in the Kingdom, and offers significant opportunities for international investors to meet the needs of the market and further penetrate the...
Interviews & Viewpoints | OBG talks to Zafer Ça ğlayan, Turkish Minister of Economy from The Report: Saudi Arabia 2013
Articles & Analysis | A look toward tomorrow: Authorities and residents make improvements to the city from The Report: Saudi Arabia 2013
The second-largest city in Saudi Arabia, Jeddah, dates back to within 20 years of the Prophet Muhammad’s life. The city’s seaport is now the largest in the Kingdom and is complemented by a busy international airport. And while Jeddah is known to many as the country’s commercial capital, it is also the principal gateway for a...