Following the death of Saudi Arabia’s King Abdullah, it is important for companies to be prepared to answer questions from the corporate office regarding how royal succession impacts Saudi Arabia’s trajectory, writes guest contributor Matthew Spivack of Frontier Strategy Group.
Saudi Arabia's citizens took to social media to express their grief and sadness at the death of King Abdullah bin Abdulaziz al Saud as heads of state arrived in Riyadh to attend services and express solidarity with the leaders and people of the Kingdom.
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.
!["[T]he cost of generating power from these renewable sources will be the lowest in the world," Khalid al-Falih said.](https://www.sustg.com/wp-content/uploads/2014/11/solar-900x663.png)
