Reforms aimed at opening up Saudi Arabia to investment and encouraging private sector participation are moving forward, even as further details of the Kingdom’s long-term National Transformation Plan...
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Economic Update | Vision 2030 heralds change in Saudi Arabia
28 May 2016
Economic Update | Saudi Arabia to extend downstream reach
12 Apr 2016
Steps taken by national oil giant Saudi Aramco to consolidate some of its downstream assets, most notably in the US market, appear to be laying the groundwork for an initial public offering (IPO) and...
Economic Update | Airport privatisation gathers speed in Saudi Arabia
27 Mar 2016
Plans for the privatisation of Saudi Arabia’s airports and aviation services are advancing, with the state aiming for full private sector ownership by 2020.
Economic Update | Saudi Arabian industries feel the pinch
21 Feb 2016
A continued scaling back on energy, feedstock and utilities subsidies is likely to impact earnings in Saudi Arabia’s industrial sector, potentially reducing its long-held competitive edge.
Economic Update | Saudi Arabia Year in Review 2015
24 Dec 2015
Falling oil revenues and an expanding budget deficit were the hallmarks of Saudi Arabia’s economic activity in 2015, as heavy investment in development projects widened the Kingdom’s spending gap.
Economic Update | Full foreign ownership of retail and wholesale businesses now permitted in Saudi Arabia
23 Nov 2015
New regulations are set to expand international investor access to Saudi Arabia next year, when a landmark move allowing full foreign ownership of key retail and wholesale businesses takes effect.