According to a recently released note by Jadwa Investment, a leading Saudi investment firm, inflation in the Kingdom was down in 2014 to 2.7% on average, and found a deceleration in prices to 2.4% year-on-year.
The Guardian and other outlets report that Sen. McCain and members of the Senate Armed Services Committee "met the commander of Saudi Arabia’s training and equipment program" and the purpose of the visit is to discuss training of Syria's rebels.
"The government has been considering for years whether to use taxes to push owners into developing or selling such land; last September the issue was referred to the Supreme Economic Council, a top policy body chaired by King Abdullah."
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.