Saudi Government Aims for $57 Billion Growth in Mortgage Industry by 2020, Report Says

Saudi Arabia’s housing ministry has set a target for the mortgage market to reach a total value of 502 billion riyals ($134 billion) by 2020 from a current 290 billion riyals ($77.3 billion), according to a report in Reuters which cited the Kingdom's minister of housing Majed al-Hogail.

Saudi Arabia

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Saudi Aramco IPO

Saudi Aramco could skip the red tape and list its IPO at home

One factor favoring the idea of first listing locally is the anticipated award in June of emerging market status for Saudi Arabia by index firm ...


Saudi Aviation

Saudi Arabia’s new vision opens a door of opportunity for airline

It is the largest aviation economy within the Middle East accounting for more than a third (35.8%) of the total intra-regional capacity last year and ...


Oil Exports

Saudi Arabia Signals Commitment to Oil-Production Cuts

Saudi Arabia said it would continue limiting its crude-oil output, signaling the world’s top oil exporter remained committed to production caps and underscoring a split ...


Saudi Nuclear Energy

Saudi cabinet approves nuclear power program national policy: SPA

The national policy includes limiting all nuclear activities to peaceful purposes, within the limits defined by international treaties, SPA said. It also stressed on the ...


Saudi Banks

Saudi Arabian banks to outperform GCC peers in 2018, Moody’s says

“We expect their profitability to remain broadly stable at this level in the next 12-18 months thanks to higher interest rates, a gradual pick-up in ...



Saudi Arabia wants mortgage market to grow to $134 billion by 2020

Saudi Arabia’s housing ministry has set a target for the mortgage market to reach a total value of 502 billion riyals ($134 billion) by 2020 ...


Corruption Crackdown

Saudi Arabia: Allegations of Abuse, Death in Custody

Saudi Arabia should immediately investigate the claims that authorities physically mistreated or coerced prominent people detained in November 2017 and hold those responsible to account, ...


Dispute Resolution

Resolving Disputes in Saudi Arabia

Arbitration is enshrined in Saudi law as an enforceable alternative to court litigation and there is now an established practice in the Saudi courts to ...



First Saudi tablet with 100% local OS to be launched soon

KTAB was produced in partnership between KACST and Mesbah Saudi Technology Company, a large team of engineers and developers. ...


Expat Wives

Expats married to Saudi men can now apply for citizenship

Foreign wives and widows of Saudi men will now be allowed to apply for a Saudi nationality after the Ministry of Civil Affairs resumed receiving ...


Saudi Cinema

‘The Arabian Warrior’: The first Saudi-American film

The bilingual feature, out in the UAE tomorrow, tells the tale of 20-year-old Anmar (British-Egyptian actor Amir Al Masry), a Saudi university student who is ...


Saudi Startups

Three emerging companies that underlines Saudi Arabia’s booming startup ecosystem

Here are three promising Saudi startups that underline the country’s big strides toward becoming a major startup and innovation hub in the region. ...


Saudi +

Regional and related topics

Mike Pompeo

Mike Pompeo: 5 quotes that explain his foreign policy approach

Some of the best insights about Pompeo's thinking, however, might come from his testimony before the Senate Intelligence Committee last May, about the biggest threats facing ...



Syrian military ignores U.N. call for ceasefire, pushes deeper into Eastern Ghouta

Syrian President Bashar al-Assad is poised for another crushing military victory over his opponents, defying the United Nations, the Trump administration and the appeals of ...


War in Yemen

General Argues to Continue Refueling Saudi Planes in Yemen Fight

"The influence that we derive with them is by working with them to demonstrate how we do our targeting process," Votel said, adding the Saudis ...


Global Energy Markets

Perspective: From peak oil to pick-ups: Seven key takeaways from Texas

There was plenty of time on the 16 hour return Emirates flight from Houston to Dubai to cogitate on the events of CERAWeek by IHS ...



Americans Remain Staunchly in Israel’s Corner

As the Trump administration prepares to move the U.S. embassy in Israel to Jerusalem and is reportedly finalizing its broader Middle East peace plan, Americans' ...


PA PM Assassination Attempt

Palestinian PM survives assassination attempt in Gaza: PA

Hamdallah, who was making a short trip to the coastal enclave to mark the opening of a new water treatment facility, had just passed through ...



Terrorist threat from Al Qaeda and the Islamic State mounts in the Egyptian desert

Militant groups linked to the Islamic State and al-Qaeda are using the desert as both a haven and a crossing point for smuggling fighters, weapons ...


Cost of War

Commentary: Iraq – Weighing the costs of war

As the Costs of War Project at Brown University’s Watson Institute has noted, the full costs of America’s post-9/11 wars, of which Iraq is a ...



No Rebound for Dubai Property as Slump Drags On

Residential rents fell 10 percent to 15 percent last year, according to various estimates, while selling prices declined at a slower pace. A recovery isn’t ...



Top US Commander Sees Peace Possibilities in Afghanistan

Gen. John Nicholson, who commands more than 14,000 U.S troops in an American-led coalition, acknowledged that peace talks, which the Taliban definitively rejected just two ...


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