Saudi Arabia by COUNTRY REPORTS
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How is the growth momentum of recent years, thanks to Vision 2030 impacting the real estate and refinance industries in Saudi Arabia? Before the launch of Vision 2030, Saudi Arabia’s real estate financing framework lacked essential compo
Widely regarded as a preeminent force in the global hospitality and tourism industry and recently named Hotels magazine’s Corporate Hotelier of the World, Jerry Inzerillo was appointed as the first Group CEO of Diriyah Company by HRH Crown Prince Moh
"Despite the absence of austerity measures, as businesspeople, we continue to witness ongoing projects. The government is actively investing in infrastructure development and the construction of numerous cities in the country. "
Backed by the Public Investment Fund (PIF), Jeddah Central is one of the biggest leisure and tourism developments in the region, presenting an open canvas for investment in the historic city.
"Capital markets play a vital role in any economy and Saudi Arabia, being the largest in the Middle East, holds tremendous potential due to its strategic location and robust economic environment."
"Just as the capital market reflects the economy, the profitability of capital market institutions is a reflection of the market. As we are now seeing a significant growth and an increasing level of activity across all areas of the market whether it
"There are lots of opportunities that can be taken advantage of to create new industries in Saudi Arabia. There are other countries that do not have the natural resources, or the young working population, yet they have a higher GDP (gross domestic pr
"The economic mobility and the new programs, initiatives and mechanisms of the Kingdom's Vision encourage the private sector to play a prominent role in benefiting from the privatization of government projects.
"I believe that Vision 2030 is something that reflects the aspiration of the vast majority of the Saudi population, particularly young men and women. This is evident in people’s participation in events, women in the workplace, and women driving.
"We are investing a lot of advanced technology, high end furnishings. We have our own brand of furniture that comes from Italy only for that campus.
"Saudi banks are one of the first when it comes to the implementation of international accounting standard. This is why foreign investors are attracted to dealing with Saudi banks, and they are reaching out to Saudi banks to help them fund and inject
"A large part of our business is corporate banking - a segment that has seen effectively no growth over the last three years. With that we just kind of grow and shrink with the market. If the market grows then we grow as well, but if the market shrin