Largest Agriculture Companies in Saudi Arabia
Marcopolis has ranked the largest agriculture companies in Saudi Arabia. The largest agriculture company in the kingdom is Al Marai, followed by Savola and Sadafco as per market value.
List of all articles filed under “saudi-arabia-report” category.
Marcopolis has ranked the largest agriculture companies in Saudi Arabia. The largest agriculture company in the kingdom is Al Marai, followed by Savola and Sadafco as per market value.
The current demand for steel in Saudi Arabia is around 10-12 million tons per year. The current capacity of Saudi steel companies is 8m tons per year. The demand for steel is to grow by 19.5% on the backdrop of large governmental project, infrastructure spending, transportation and most importantly housing projects. 70% of Saudi population does not own any house at all. The supply is supposed to grow by 9%.
Marcopolis.net is ranking the top cement companies in Saudi Arabia according to their market value. Non-listed companies are not included in the ranking. These largest cement companies represent almost 5.4% of the stock market.
Marcopolis.net is ranking the top building material and construction companies in Saudi Arabia according to their market value. Non-listed companies are not included in the ranking.
Al Saedan Real Estate – Opening of the Saudi Capital Markets
The Capital Market Authority’s report disclosed the total market capitalization of the Saudi bourse at 1,945.15 Billion Riyals for the first half of 2014, up 29.93% from last year’s second half.
With a total population of approximately 30 million people, the oil state “is a very dynamic market,” Hassan Kabbani, the CEO of Zain KSA, told Marcopolis in an exclusive interview. “There is a very high level of mobile penetration, reaching more than 180%, and very high level of Smartphone penetration.” Such figures are rare in the emerging markets, but typical for the Gulf Arab oil states with its low population density, but huge distances between the different cities and villages.
According to Citigroup (Middle East), approximately 60 percent of all real estate projects worth 3.5 trillion dollars underway or in the pipeline in the Middle East are located in Saudi Arabia and the United Arab Emirates.
Amid ample demand from an ever young and ambitious population, property in the oil-rich kingdom is booming. But the run for climatised square meters in the desert adds fuels inflation in the biggest Gulf Arab country.
With the market regulator taking steps to give foreign institutions access to the Tadawul market in Riyadh, banks, fund managers and brokers in the region expect a boon and a boom for Saudi shares and new listings to come.
The Kingdom of Saudi Arabia and oil are some of the oldest synonyms in contemporary history. But the kingdom has more to offer than black gold, and the government in Riyadh is working tenaciously to diversify the economy. “If you compare it by GDP, oil represents 85 percent in Saudi Arabia,” says Abdulrahim Al-Zamil, Chairman of the multi-industry conglomerate Zamil Group.