Recent stories from sustg

  • Seasonality and the Saudi Stock Market
     

    A recently released note by Jadwa Investment discusses the effect that seasonal trends have on the Saudi economy, noting that while all economies have seasonal trends, “for Saudi Arabia these trends are more pronounced than for most other global economies…The slowdown in activity in the third quarter due to the long hot summer is a key driver […]

     
  • Saudi construction sector to gather steam in H2 2012
     

    The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated. NCB Construction Contracts Index reached 309.12 points by the end of the second quarter of 2012, with the total value of awarded contracts reaching […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     
  • Jadwa Saudi Chartbook for August 2012: Banking Indicators
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]

     
  • ‘There is a large infrastructure boom happening in Saudi Arabia’
     

    Saudi Arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy. The investments also yielded the largest sukuk, or Islamic bond, offered in the Middle East this year and an initial public offering on the stock exchange in June. “There […]

     
  • Wealth Management in the Middle East: Boon or Bust?
     

    Middle Eastern policymakers and bankers will develop an indigenous wealth management industry which keeps the super-wealthy’s investments at home. Developing a local national wealth management industry requires letting in foreign competition, changing banking and securities laws, and growing local companies whose shares are worth buying. The first part of the article reviews trends in wealth […]

     
  • Gulf States Move to Diversify Income Sources
     

    Saudi Arabia, the world’s biggest oil exporter, has identified mining as a key investment area after oil and petrochemicals, and is spending an estimated $38 billion to develop two cities centered around mining…“The idea is to try and improve the range of benefits and advantages of doing business in the G.C.C. and in Saudi Arabia, […]

     
  • Jadwa Investment’s Saud June 2012 Inflation Report
     

    Jadwa Investment’s recently released June inflation report found year-on-year inflation for Saudi Arabia eased again in June, slipping to 4.9 percent from 5.1 percent in May, the first time it has been below 5 percent since August 2011. The Riyadh-based investment firm also found lower rental inflation caused most of the fall. Jadwa’s report is […]

     
  • Saudi Aramco to invest in new energy ventures
     

    Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]

     

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