The insurance industry grew at an astounding rate of 18% in 2013. For the 2014-2015, the CEO of AXA Cooperative Insurance Company predicts lesser growth and consolidation in the industry.
According to Capital Standards, “the Saudi Arabian insurance industry has emerged as one of the fastest growing insurance industries across the world.”
Riyadh Chamber of Commerce and Industry discusses the role of the private sector in Saudi Arabia. The private sector is playing an increasingly large role in the Saudi economy, and now accounts for 48% of GDP. The non-oil sector of the economy is growing faster than the oil sector, with construction, transport and communications sectors expanding at double-digit rates.
Riyadh Chamber of Commerce and Industry discusses Foreign Direct Investment (FDI). While foreign direct investment weakened to Saudi Arabia in 2013, the Kingdom remains the most attractive destination for foreign investment in the Arab world according to the United Nations Conference on Trade and Development (UNCTAD) and “World Investment Report 2013.”
Saudi Arabia ranked 26th in the ease of doing business, and it’s one of the easiest places to do business in the Middle East while the UAE was 23rd. Riyadh Chamber of Commerce and Industry discusses doing business in Saudi Arabia from the perspective of the private sector.
The head of the largest private/independent desalinated water and power producer in the Kingdom of Saudi Arabia and the second largest in the GCC talks about the responsibility of ACWA Power.
Paddy Padmanathan, President and CEO of ACWA Power, talks about the strategic goals for the largest private/independent desalinated water and power producer in the Kingdom of Saudi Arabia and the second largest in the GCC.
Akaria was established in 1976 and it was the first real estate company in Saudi Arabia. It continued to have the word “first” throughout its history. It’s the first IPO’d company, the first mall ever built in the Middle East was built by Akaria…
The real estate sector in Saudi Arabia has been one of the major economic supports for the economy of the country for at least the last two decades.
Dr. Fahad A. M. Al Said, CEO of Al Akaria Real Estate, talks about the biggest misconception about Saudi Arabia.
