Saudi Arabia Focus
Saudi sovereign fund could be global leader
- The vice-governor of Saudi Arabian Monetary Agency (Sama), Mohammed Al-Jasser has confirmed that the Kingdom intends to establish a sovereign wealth fund. The fund is expected to have an initial $6bn capital which is probably going to be invested into equities, he says
- Saudi Arabia: Tuesday, January 29 - 2008 at 11:03 |
Saudi economic reform to accelerate in 2008
- King Abdullah's instruction that government departments step up their performance by simplifying procedures and maintaining regular contact with those who receive their services is a strong indication that economic reform is to be accelerated.
- Saudi Arabia: Wednesday, January 23 - 2008 at 13:51 |
Saudi bourse opens up to foreign investors
- Saudi Arabia's Tadawul All Share Index (Tasi) closed above 11,000 points in mid-December, the highest it has been in 14 months, and displaying a consistent recovery from its low point in 2006.
- Saudi Arabia: Saturday, December 15 - 2007 at 15:07 |
'Risk averse' Saudis look to manufacturing
- Saudi Arabia is putting investment and training into the manufacturing sector, as it pushes to become less reliant on oil for its economy. But the kingdom is facing increased pressure to improve training and education, and to become less risk averse.
- Saudi Arabia: Monday, November 26 - 2007 at 00:33 |
Saudi mining ventures gather pace
- Saudi Arabia's wealth is not based just on oil and as the kingdom seeks to diversify its economy, it is the country's huge range of metallic minerals that are becoming increasingly important business propositions.
- Saudi Arabia: Monday, November 19 - 2007 at 14:12 |
Manufacturing booms in Saudi Arabia
- Manufacturing is likely to be the fastest growing economic sector in Saudi Arabia over the next five years, as the Kingdom urgently seeks to generate more investment in sectors that can provide direct employment. More than half the country's population is under 20 years of age.
- Saudi Arabia: Wednesday, October 31 - 2007 at 15:13 |
Saudi Arabia's network readiness falls behind
- Saudi telecom's is seen internally as a growth sector, with the market open to competition from rival operators and the end of the monopoly that Saudi Telecom Company (STC) long enjoyed. But the Saudi Arabian networks infrastructure remains a thorny issue that requires swift action.
- Saudi Arabia: Wednesday, October 24 - 2007 at 10:34 |
Saudis move to modernise legal system
- Saudi Arabia is spending nearly $2bn to overhaul its judicial system and court facilities in an effort to streamline the legal process. The move will help to reinforce the standing of the country's courts and emphasise the independence of judges to make rulings free from outside influence.
- Saudi Arabia: Tuesday, October 16 - 2007 at 14:06 |
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