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InsuranceDiscovering Business | Insurance Market Opportunities
I think the growth will come from the dynamic demographics of Saudi Arabia. The population is expected to grow at a Compound Annual Growth Rate (CAGR) of 2.1% between 2011 and 2015, which is almost twice the global average of 1.2%. Once they enter the labour market, this young population will significantly increase the demand for insurance, and when they start to have families they will also start to think more on how they protect their wealth and educate their children etc.
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Anti-ISIS Campaign: TikritOfficial: US-led aircraft flying over IS-held Tikrit
The U.S.-led coalition battling the Islamic State group has begun surveillance flights over the northern Iraqi town of Tikrit, a senior coalition official said Tuesday, marking the first time the alliance has taken part in a major offensive there that is being spearheaded by Iranian-backed Shiite militias.
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ISIS and Social MediaThe powerful propaganda being spread online by women in the Islamic State
The logic of promoting this side to life under the Islamic State is clear: The group aspires to establish a state. To do so, it needs women and children as well as men. Plus, reporting from The Post's Liz Sly and others has shown that these aspirations do not appear to be materializing. Images of women enjoying a normal life under the Islamic State may be an attempt to undercut that perception.
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Saudi Aramco: ChinaSaudi Aramco wants to boost supply to China
“We see our energy supply potentially doubling at one point of time as China’s energy demand grows,” he said. The firm supplied about 13% of China’s crude-oil demand last year, according to government data.
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Saudi AramcoSaudi Aramco Said Close to Signing $10 Billion Debt Deal
Saudi Aramco, the world’s biggest oil exporter, is the latest oil company in the Middle East to capitalize on low borrowing costs to raise funds for possible acquisitions amid a downturn in the industry.
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Real Estate ReformSaudi real estate shares tumble on tax plan
The Cabinet’s decision, announced Monday night and the first big economic policy initiative since King Salman took the throne in January, aims to change that pattern by pushing more land out into the market, where it can be developed.
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MaadenMaaden shuts down ammonia plant
Saudi Arabian Mining Co. (Maaden) said on Tuesday that a subsidiary had been forced to shut down an ammonia plant in the east of the Kingdom so that unscheduled maintenance could take place on its cooling facility.
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LaborSaudi Arabia rejects plan to increase public sector working hours
Saudi Arabia’s Shoura Council has rejected a proposal to increase working hours at government offices, local media reported. Two council members had recommended one hour be added to the working day to improve productivity.
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Ministry of EducationThe New Ministry of Education: Big Opportunity or Big Problem?
The new Minister of Education is now leading the largest ministry in the history of Saudi Arabia, with 742,759 employees catering to the educational needs of 6,085,749 primary through graduate students. The Ministry is also responsible for running 24 public universities and 34,749 public schools. These colossal numbers underscore the organizational challenge facing the new combined ministry.
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Saudi Energy PolicyThe Price You Pay – Saudi Crude Price Formulas
Ever since crude oil prices began their precipitous fall in June 2014 market watchers have picked through the tealeaves of every OPEC statement - particularly those of Saudi Arabia - for signs of a change in policy. One widely watched signal comes every month when the Saudi’s publish differentials that determine the price customers pay for their crudes. Today we explain how Saudi pricing formulas work.
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