Jadwa Investment's has just released its report on the Saudi economy in 2015 and projects 'slower pace' of growth, a 'narrowing current account surplus and a larger than-budgeted fiscal deficit.'
In the latest FocusKSA discussion, Dr. John Sfakianakis and SUSTG President Richard Wilson discussed the anticipated opening in 2015 of the Saudi stock market to qualified foreign financial institutions.
When it comes to a breakeven price of oil for the Saudi government, economists and analysts are far from agreement on the exact figure. But in an in-depth interview with SUSTG, John Sfakianakis says the right number is around $80.
In Alwaleed's first interview with a local Saudi paper in 8 years, the billionaire discusses his path to business successes, how he spends his time, and national/regional issues of concern.
A recently released study by Oxford Economics and SAP finds that employers in Saudi Arabia "will need to tailor their approach to talent management for catering to the fast-changing technology landscape," the Saudi Gazette reports.
The 2015 Saudi Arabian Cultural Mission (SACM) Graduation Ceremony and Career Fair dates are set for Friday, May 22, 2015, to Monday, May 25, 2015 at the Gaylord Hotel National Harbor just outside of Washington, D.C.
The Saudi stock rebound was echoed around the region as markets in other Gulf countries rallied Wednesday in response to comments made by Saudi Arabia's Finance Minister.
Sheikh Ahmad al-Ghamidi has stoked debate in Saudi society, and piqued interest in foreign observers of the Kingdom and advocates of women's rights, by appearing on Saudi television with his wife to reiterate the acceptability of unveiled women in the eyes of Islam, according to media reports.
In the firm's recently released weekly report, investment firm Ashmore points to a potential "silver lining" in the drop in oil's price for Saudi fiscal policy: "meaningful fiscal discipline."
