Peter Matay - MarcoPolis

Over the past decade, Saudi Arabia has emerged as one of the best places to do business in the Middle East. In its ranking “Ease of Doing Business” Index 2011, the World Bank ranked 11th out of 183 countries. Saudi Arabia has made significant progress by moving up to 11th place from the 67th place in the global ranking it occupied in 2005.

Saudi Arabia Economy Saudi Arabia Infrastructure Saudi Arabia Oil and Gas Saudi Arabia Stories

Saudi Arabia: The Largest Economy in The Middle East

February 10, 2015

Saudi Arabia is the 19th world’s largest economy and the biggest economy in the MENA region. The country is the world’s largest exporter of oil, with an estimated 8,865,000 barrels of oil per day production. The petroleum sector accounts for roughly 92.5% of budget revenues, 55% of GDP, and 90% of export earnings.

Invest in Saudi Arabia Saudi Arabia Doing Business Saudi Arabia Economy Saudi Arabia Infrastructure Saudi Arabia Stories Saudi Arabia Tourism

Saudi Arabia: The Kingdom Embraces Change and Reform

February 9, 2015

Despite Western media relentlessly branding Saudi Arabia an archaic, backwards-oriented Islamic monarchy, the kingdom has done bold steps which aim to get its population back to work by diversifying its energy-oriented economy, empowering women to study work and by embracing the digital age like few other Arab countries.

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Saudi Banking Sector: Saudi Banks Bank on Change

February 9, 2015

Saudi banks are not only earning money on oil trading. While one might suggest that Saudi lenders became big due to a windfall of the country’s revenues from energy exports, little is known about the Saudi role as the biggest capital market in the Arab world.

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Best Network in Saudi Arabia: Fastest 4G LTE by Zain

February 6, 2015

Sultan Abdulaziz Al-Deghaither, Sr. Director of Network Engineering at Zain
Yes, it is the newest network. We are serving our customers with the latest technology provided by our partners. We are working with the biggest telecom service providers across the world, including Huawei, Nokia, Siemens and ZT. In addition, our fibre network is provided by Alcatel-Lucent, who have a very strong track record in that area.

Saudi Arabia ICT Saudi Arabia Interviews Saudi Arabia Telecom

Best and Fastest Customer Service in Saudi Arabia: Zain’s Strategy

February 6, 2015

Abdulmajid Mohammed Alrashoudi, Chief Customer Care Officer at Zain
Mainly, Saudi customers want good treatment, as do people anywhere in the world, and they also want a clear tariff plan. They want their needs to be attended very quickly. We are now trying to reduce our 36 hour resolution timeframe to almost 24 hours. Any kind of operation has issues from time to time obviously, we try to minimise them and to fast-track the solutions.

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The Saudi Insurance Market is Young, says Largest Insurance Company

February 6, 2015

The Saudi insurance market is still very young; it has only been regulated for about 10 to 15 years. This means it is hard to compare this market with mature markets. It is hard to find another market that has the same regulations, sophistication and development as this one.

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Evolution of Saudi Capital Markets by Blominvest

February 6, 2015

Abdullah Saud Al-Rashoud, CEO of Blominvest
I think the capital markets started very early in Saudi, maybe in the 60’s or even earlier than that. It was very simple, very preliminary, there were no complications at all, and there were no rules or regulations.

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Al Saedan Real Estate: Leading the Real Estate Market Maintaining Top Position

February 6, 2015

Al Saedan Real Estate is one of the leading real-estate companies in Saudi Arabia. The company has a strong expertise in master-plan developments, land development, building commercial and residential centers, selling and buying local and international real estates, providing consultation in real estates, and providing valuation and estimation services. Al Saedan is an international real estate company with projects in Saudi Arabia, Tunisia and the United Kingdom.

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Doing Business in Saudi Arabia is the Easiest According to Zamil

February 6, 2015

Abdul Rahman Al-Zamil, Chairman of Zamil Group
Without any hesitation I can tell you that doing business in Saudi Arabia is the easiest of all of these countries. Easy business doesn’t mean only government procedures.