Analysis

• TRADE

  Total US-Saudi Bilateral Trade Reaches Record-High $39 Billion in H1 2012

  SUSTG Team  |  9. 17. 2012

  Total bi-lateral trade between Saudi Arabia and the United States reached $39 billion in the first six months of 2012, a record high for any half to date.

• POLICY

  ‘A Disciplined Approach To Forward-Looking Policymaking’

  SUSTG Team  |  9. 11. 2012

  A recently released report by the Center for Strategic and International Studies on Saudi Arabia’s energy policy finds that the Kingdom is pursuing a “disciplined approach to forward-looking policymaking.”

• OIL

  Will Saudi Arabia become an oil importer by 2030?

  SUSTG Team  |  9. 10. 2012

  This was the question asked all of this past week all over the world. Thousands of stories were filed on the topic, following speculation by a Citigroup analyst that Saudi Arabia may start importing oil by 2030.

• Mortgage Law

  

  Saudi Mortgage Law: Key Details Still to be Determined

  Hussein Abusaaq  |  9. 7. 2012

  Compared to its fellow Gulf Cooperation Council states (GCC), Saudi Arabia’s housing market is the least developed.  Only about 3.5% of all home purchases are financed through a mortgage.  This number is 17% in the UAE and, by example, 70% in the UK and USA.

• Rental Rates

  

  Property rents soar in Saudi Arabia, analyst report shows

  SUSTG Team  |  9. 6. 2012

  Residential property rents in Saudi Arabia’s main cities have increased by up to 15% in some locations in the first six months of the year.

• ECONOMY

  Jadwa September 2012 Saudi Chartbook – Inflation

  Lucien Zeigler  |  9. 6. 2012

  Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.”

• RELIGION

  President Obama’s Envoy to Mecca Islamic Summit Shares Views

  SUSTG Team  |  9. 6. 2012

  A little known detail about last month’s Extraordinary Islamic Solidarity Summit in Mecca was the presence of an American diplomat representing President Barack Obama to the 56-member Organization of Islamic Cooperation (OIC).

• REAL ESTATE

  Saudi real estate market poised for new boom

  Lucien Zeigler  |  9. 5. 2012

  New programmes and the new mortgage system — approved by the cabinet in July and expected to take force in the next few weeks — will contribute to decreased land prices, realtors said.

• CONSTRUCTION

  Jadwa September 2012 Chartbook – Construction Indicators

  Lucien Zeigler  |  9. 4. 2012

  adwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.”