Investment Opportunities in Saudi Arabia: Real Estate Funds Offer 13-15% ROI
Itqan Capital is a Sharia Compliant company focusing on four main lines of business, Asset Management, Principal Investment, Investment Banking and Custodial Services.
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Itqan Capital is a Sharia Compliant company focusing on four main lines of business, Asset Management, Principal Investment, Investment Banking and Custodial Services.
The group has in total some 6 or 7 thousand employees. We have a yearly consolidated turnover from all of the group companies in the order of 3.5 to 4 billion riyals. Due to the nature of our equipment, we have a very significant fixed asset base because in our marine business we are running more than a hundred marine construction vessels.
Marcopolis.net has compiled the ranking of the top telecom companies in Saudi Arabia. View the list of the largest mobile operators in the country. The largest telecoms are STC, followed by Mobily and Zain KSA –the fastest growing and best telecom in Saudi Arabia.
Doing business in Saudi Arabia has become more regulated. That is one of the reasons why have such split views. The role of SAGIA, the investment authority, has become more active. They are supervising the investors, checking whether the investors with license are really active or not.
The capacity of our economy to absorb more Saudi talents is real, but we cannot only rely on the government, the private sector has a crucial role to play here. Until now, there has been a general belief that only the government is responsible for employment and job creation. But I believe that the government and the private sector are equally responsible.
The power sector is growing rapidly, at the rate of 7.5% per annum, which is not easy to manage. Today, any power plant, that is just developing, will require 2 to 5 years for it to be ready for production. 50% of the population today is under the age of 20.
Marcopolis.net has compiled the ranking of the top lubricant companies in Saudi Arabia. View the list of the largest motor lubricant, specialty lubricant and industrial lubricant manufacturers in Saudi Arabia. The largest companies are companies are Petromin, followed by Shell and Fuchs.
Fawaz Hajjar, General Manager of Al Hayat Building Materials Company, talks about being the leading distributor of Grohe products in Saudi Arabia.
The Saudi lubricant market represents 420 thousand metric tonnes. The emerging markets now consist of the Middle Eastern markets and the African markets. These are set to increase by 3.2% per year for the next 5 years or until at least 2019 according to the latest studies.
Fawaz Hajjar is General Manager of Al Hayat Building Materials Company, a leading supplier of sanitary ware, faucets, water heaters and more. With 15,000 items, the company is one of the largest building material distributors in the kingdom.