Collectively, the Saudi Arabian insurance industry has seen five years of double-digit growth in both revenue and net profit. However, the positive performance of a few of the Kingdom’s largest insurers masks more modest results from many of its smaller firms, some of which have accumulated debts over many years. Although industry experts believe the overall outlook is positive for a country...
The Middle East
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Chapter | Capital Markets from The Report: Saudi Arabia 2016
While subdued oil prices have had a ripple effect on exchanges across the region, the Saudi Stock Exchange (Tadawul) has forged ahead with a bold strategy of reform. Having opened the door to direct foreign participation for the first time in 2015, in 2016 the exchange authorities and the market regulator are preparing for a new stage of development, which will see the Tadawul integrate...
2016 witnessed the launch of the Kingdom’s historic Vision 2030 and the accompanying National Transformation Programme, both of which call for a major overhaul of the state’s economic apparatus and envision a more open market framework and more dynamic, private sector-led growth moving ahead.
Oman is taking a number of steps to attract investors to the sultanate in a bid to diversify its economy away from a reliance on hydrocarbons.
A series of investments in the ecotourism and heritage segments are beginning to yield results in Sharjah’s expanding family tourism industry.
Economic view | Salim Karadsheh, CEO, Fine Hygienic Holding, on the steps required to develop the industrial sector
26 Oct 2016
What do you identify as the main obstacles holding Jordanian industry back from moving up the value chain?