KPMG Releases Second Edition of its Saudi Arabia CEO Outlook report; Finds Positivity Among Saudi CEOs

CEO Outlook
The report is based on interviews with 50 CEOs of organizations in Saudi Arabia for their thoughts and insights on the potential opportunities that they have while preparing for the challenges that lie ahead, Chairman Abdullah Al Fozan said.

Saudi Arabia

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Trump says standing by Saudi crown prince despite pleas from Senate

U.S. President Donald Trump said on Tuesday that he stood by Saudi Arabia’s crown prince despite a CIA assessment that he ordered the killing of ...


CEO Survey

KPMG 2018 Saudi Arabia CEO Outlook

CEOs in Saudi Arabia are largely confident about their growth prospects, with the majority (92 percent) sure of their organization as well as industry’s growth ...



Saudi’s Growth and Financial Spillovers to Other GCC Countries: An Empirical Analysis

Equity market movements in Saudi Arabia are found to have significant implications for other GCC countries, while there is no evidence of co-movements in bonds ...



Saudi Arabia’s Acwa inks deal for world’s largest renewable project in Dubai

The project, initially expected to deliver 700 megawatts of energy, will use a combination of the world’s tallest 260m-high solar tower that will generate 100MW; three stations ...


Digital Currency

Why money transactions between UAE, Saudi just became that much easier

"The Central Bank in collaboration with Saudi Arabia Monetary Authority is undertaking a unique, joint project - leveraging on blockchain and cryptography - to issue ...


Venture Capital

Saudi Venture Capital Company signed a MoU with American investor Tim Draper

The memorandum of understanding stipulates the establishment of a venture capital investment fund to finance SMEs in the fields of health, education, agriculture, finance, and ...


Business Jets

Saudi Arabia Rationalizes Bizjet Fleet

He explained the problem from GACA’s point of view. “They want to streamline the situation. They want to monitor aircraft. All these aircraft were sitting ...


Saudi Workforce

Perspective: Saudi unemployment and how to combat it

This is where there is a role for a national database of applicants to direct them toward the appropriate training, through the Technical and Vocational ...



Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

Situated in the Kingdom’s Eastern Province, between Dammam and Al-Ahsa, the project will be developed in three phases. The first phase is scheduled for completion by ...


Naguib Mahfouz Medal

Saudi Novelist Omaima Al-Khamis Wins 2018 Naguib Mahfouz Medal

Saudi novelist Omaima Al-Khamis has won the 2018 Naguib Mahfouz Medal for Literature for her fourth novel, Masra al-Gharaniq fi Mudun al-Aqiq, or Voyage of ...


Saudi +

Regional and related topics

War in Yemen

Pressure builds on Yemen’s warring parties as peace talks focus on port

Yemen’s warring parties are being pressed to agree thorny confidence-building measures, including the status of a strategic Red Sea port, in consultations on Wednesday before ...


Uber, Lyft IPOs

Big Winners of Uber, Lyft IPOs Won’t Be the Usual Suspects

The top holders of America’s main ride-hailing companies are both from Japan: SoftBank Group Corp. and Rakuten Inc., said the people, who asked not to ...


Internet Usage

Half the world’s population used the internet in 2018

The United Nations specialized agency estimates that 3.9 billion, over 51% of the global population, will gain access by year’s end. Already, 90% of those ...



Iran’s Rising Unemployment Crisis

Iran’s increasingly tight job market, as a result of poor political and economic policies, as well as global sanctions, may intensify sociopolitical dissatisfaction and spark ...



Up to 250,000 Syrian refugees may return home in 2019: UNHCR

UN refugee agency forecasts that 250,000 Syrian refugees may return next year, but a litany of issues have to be resolved before then ...


Oil Shipping

Oil Tanker Owners Find Solace in Shale as OPEC Readies Cuts

“OPEC+ is reducing their output as U.S. is increasing theirs, hence the overall limited effect for tanker volumes,” said Frode Morkedal, managing director of equity ...



Syria war: Turkey warns of fresh anti-Kurd offensive in north

Turkey will launch a new operation against US-backed Kurdish militias in northern Syria "in the next few days", President Recep Tayyip Erdogan says. The move, which ...


Public Opinion Poll

Analysis: U.S. Public’s Views on Israel’s Policies are Shifting

On the question of whether Americans want the Trump administration to lean toward Israel, toward the Palestinians, or toward neither side, there is a vast ...



Official: Egypt population reaches 98m

Hassan added that the Egyptian population is growing by more than 2.56 million per year, warning that if the current growth rate continues, Egypt will ...


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