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Economic Update | Saudi Arabia Year in Review 2016

5 Jan 2017
Saudi economy
Weaker energy prices and an ambitious reform programme aimed at increasing private sector participation in the economy were key themes of 2016 as Saudi Arabia accelerated efforts to diversify its...

Economic Update | Saudi Arabia to tackle the public wage bill

11 Nov 2016
Saudi Arabia civil service
Recent changes to the terms and conditions of employment in Saudi Arabia’s civil service are expected to result in major budget savings; however, there are some concerns that the alterations could...

Economic Update | Consumer spending and new foreign ownership caps spur investment in Saudi retail

26 Oct 2016
Saudi retail
High levels of consumer spending, coupled with reforms allowing for greater foreign ownership of retail businesses, look set to drive expansion in Saudi Arabia’s retail sector through to 2020 and...

Economic Update | Saudi Arabia plans to diversify power sources

9 Sep 2016
Saudi power
Strong domestic demand and the desire to conserve oil resources for export are driving reform in Saudi Arabia’s power sector.

Economic Update | Saudi Arabia looks to fast-track capital market reforms

30 Aug 2016
Saudi Arabia Cap Mkts
Proposed changes to Saudi Arabia’s capital markets regulations could be fast-tracked by authorities, paving the way for increased participation from international investors. 

Economic Update | Saudi Arabia implements tax to encourage property development

27 Jul 2016
Saudi real estate
Recent measures to levy a tax on empty plots of land in Saudi Arabia are intended to kick-start the residential property sector and tackle the Kingdom’s housing shortage.